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Inside the Coles and Woolworths 'fake' discounts case
Podcast |
7am
Publisher |
Schwartz Media
Media Type |
audio
Categories Via RSS |
Daily News
News
Publication Date |
Oct 01, 2024
Episode Duration |
00:19:51
There are hundreds of angry posts on X, TikTok and Reddit from citizen journalists archiving Coles and Woolworths' published prices and noticing some strange patterns. The posters complain that the two supermarket giants have misled their customers with their “Down Down” and “Prices Dropped” promotions. Now, the Australian Competition and Consumer Commission (ACCC) has launched legal action, alleging the big two presented discounted promotions that were actually higher, or the same, as the price that had been charged for the same items just weeks beforehand. Today, economist and contributor to The Saturday Paper Peter Martin, on the “illusory” discounts and how a Cadbury Caramello Koala helped fuel the outrage. Socials: Stay in touch with us on Twitter and Instagram Guest: Economist and contributor to The Saturday Paper, Peter Martin.

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