Australian Politics Forum - Coles and Woolies face court over rip-offs.

Bobby.

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Coles and Woolies face court over rip-offs.
Sep 23^rd, 2024 at 10:52am

https://au.news.yahoo.com/woolworths-coles-face-court-over-234128295.html

Woolworths and Coles face court over discount scheme

Neve Brissenden

Mon, 23 September 2024 at 10:22 am AEST·2-min read

Australia's two biggest supermarket chains will face court after allegedly misleading buyers with fake discounts.

The Australian Competition & Consumer Commission launched legal action in the federal court against Woolworths Group Limited and Coles Supermarkets Australia Pty Ltd on Monday.

The watchdog claims both retailers bumped the prices of products by 15 per cent for brief periods before placing them in Woolworths' Prices Dropped promotion and Coles' Down Down promotion at prices lower than during the price spike but higher than, or the same as, the regular price.

ACCC chair Gina Cass-Gottlieb said the duopoly breached consumer law by making "misleading claims about discounts, when the discounts were, in fact, illusory".

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Bobby.

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Re: Coles and Woolies face court over rip-offs.
Reply #1 - Sep 23^rd, 2024 at 10:54am

https://www.sbs.com.au/news/article/coles-and-woolworths-to-face-court-over-alle...

"We also allege that in many cases, both Woolworths and Coles had already planned to later place the products on a 'prices dropped' or 'down down' promotion before the price spike and implemented the temporary price spike for the purpose of establishing a higher 'was' price," she said.

The ACCC found some products were subject to at least 15 per cent increases for brief periods before being placed in the discount promotions.

It conducted an in-depth investigation using industry contacts and social media monitoring.

The ACCC estimates tens of millions of products have been affected and argues that it diminishes the ability of consumers to make an informed choice.

The legal action follows a Senate inquiry into supermarket prices and calls for the sector to be overhauled to ensure people can afford everyday items during a cost of living crisis.

SBS News has contacted Coles and Woolworths for comment.

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whiteknight Gold Member Offline Australian Politics Posts: 9287 melbourne Gender:	Re: Coles and Woolies face court over rip-offs. Reply #2 - Sep 23^rd, 2024 at 4:09pm Good on you Bobby sorry I missed your thread. High time they sorted out these price gougers.
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Bobby. Gold Member Offline Australian Politics Posts: 120426 Melbourne Gender:	Re: Coles and Woolies face court over rip-offs. Reply #3 - Sep 23^rd, 2024 at 4:11pm whiteknight wrote on Sep 23^rd, 2024 at 4:09pm: Good on you Bobby sorry I missed your thread. High time they sorted out these price gougers. The trouble is that they will rises the prices to cover the large fines.
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Daves2017 Gold Member Offline Australian Politics Posts: 3355 Gender:	Re: Coles and Woolies face court over rip-offs. Reply #4 - Sep 23^rd, 2024 at 8:11pm I was confused why Albo was all over the media announcing this when it’s obviously the job of person in charge of the ACCC. I google and found out why- Chair Gina Cass-Gottlieb Labor’s leader of faces less men would never allow a woman to say anything important!
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Bobby. Gold Member Offline Australian Politics Posts: 120426 Melbourne Gender:	Re: Coles and Woolies face court over rip-offs. Reply #5 - Sep 24^th, 2024 at 6:27am Down down prices are down.
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Carl D

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Re: Coles and Woolies face court over rip-offs.
Reply #6 - Sep 24^th, 2024 at 10:45am

For anyone who still believes there's any difference between the Labor and Liberal Parties.

https://x.com/purplepingers/status/1838369170888757726

Quote:

I wonder what the few remaining socialists in the ALP feel about Albo having such pro-capitalism rhetoric

Yes, but I also wonder if there are ANY socialists left in the ALP these days?

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** Repeat Covid infections exercise our immune system in the same way that repeat concussions exercise our brain **

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tickleandrose Gold Member Offline Australian Politics Posts: 4201 Gender:	Re: Coles and Woolies face court over rip-offs. Reply #7 - Sep 24^th, 2024 at 1:03pm Obviously you guys dont do much shopping. This had being going on for eons, long before COVID.
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Laugh till you cry Gold Member Offline Posts: 16619 In your happy place Gender:	Re: Coles and Woolies face court over rip-offs. Reply #8 - Sep 24^th, 2024 at 1:07pm If Coles and Woolies made all their goods free the whiners would complain that their free money is devalued by their action because they can't spend it on free goods.
Back to top	Please don't thank me. Effusive fawning and obeisance of disciples, mendicants, and foot-kissers embarrass me. IP Logged

Bobby. Gold Member Offline Australian Politics Posts: 120426 Melbourne Gender:	Re: Coles and Woolies face court over rip-offs. Reply #9 - Sep 24^th, 2024 at 1:41pm tickleandrose wrote on Sep 24^th, 2024 at 1:03pm: Obviously you guys dont do much shopping. This had being going on for eons, long before COVID. I know - every retailer in Australia does the same thing - they all rip people off with fake discounts.
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Laugh till you cry

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Re: Coles and Woolies face court over rip-offs.
Reply #10 - Sep 24^th, 2024 at 1:47pm

Bobby. wrote on Sep 24^th, 2024 at 1:41pm:

tickleandrose wrote on Sep 24^th, 2024 at 1:03pm:

Obviously you guys dont do much shopping. This had being going on for eons, long before COVID.

I know - every retailer in Australia does the same thing -

they all rip people off with fake discounts. Grin

Every retailer in the world, including those in alien worlds outside Earth's galaxy uses this sort of practice.

The only ones that don't do it are those in strictly communist countries where the price is fixed.

Discounts are a way of disposing of excess stocks especially ahead of the arrival of new stocks of goods.

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Please don't thank me. Effusive fawning and obeisance of disciples, mendicants, and foot-kissers embarrass me.

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Bobby.

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Re: Coles and Woolies face court over rip-offs.
Reply #11 - Sep 24^th, 2024 at 1:55pm

Laugh till you cry wrote on Sep 24^th, 2024 at 1:47pm:

Bobby. wrote on Sep 24^th, 2024 at 1:41pm:

tickleandrose wrote on Sep 24^th, 2024 at 1:03pm:

Obviously you guys dont do much shopping. This had being going on for eons, long before COVID.

I know - every retailer in Australia does the same thing -

they all rip people off with fake discounts. Grin

Every retailer in the world, including those in alien worlds outside Earth's galaxy uses this sort of practice.

The only ones that don't do it are those in strictly communist countries where the price is fixed.

Discounts are a way of disposing of excess stocks especially ahead of the arrival of new stocks of goods.

I have never trusted sale prices.
I actually kept records of a few jewellery shops once when I was looking for a watch.

The sale prices were up to 3 times more expensive than the same watch on EBay out of Singapore.
I ended up buying the same watch for $217 out of Singapore - delivered -
when the sale price here was $640. Grin

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Laugh till you cry

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Re: Coles and Woolies face court over rip-offs.
Reply #12 - Sep 24^th, 2024 at 2:20pm

Bobby. wrote on Sep 24^th, 2024 at 1:55pm:

Laugh till you cry wrote on Sep 24^th, 2024 at 1:47pm:

Bobby. wrote on Sep 24^th, 2024 at 1:41pm:

tickleandrose wrote on Sep 24^th, 2024 at 1:03pm:

Obviously you guys dont do much shopping. This had being going on for eons, long before COVID.

I know - every retailer in Australia does the same thing -

they all rip people off with fake discounts. Grin

Every retailer in the world, including those in alien worlds outside Earth's galaxy uses this sort of practice.

The only ones that don't do it are those in strictly communist countries where the price is fixed.

Discounts are a way of disposing of excess stocks especially ahead of the arrival of new stocks of goods.

I have never trusted sale prices.
I actually kept records of a few jewellery shops once when I was looking for a watch.

The sale prices were up to 3 times more expensive than the same watch on EBay out of Singapore.
I ended up buying the same watch for $217 out of Singapore - delivered -
when the sale price here was $640. Grin

Prices at Jewellers are usually at least 6x ex-factory price of goods.

Bobby's Singapore Supplier also made a decent profit.

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Please don't thank me. Effusive fawning and obeisance of disciples, mendicants, and foot-kissers embarrass me.

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Bobby.

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Re: Coles and Woolies face court over rip-offs.
Reply #13 - Sep 24^th, 2024 at 2:38pm

Laugh till you cry wrote on Sep 24^th, 2024 at 2:20pm:

Bobby. wrote on Sep 24^th, 2024 at 1:55pm:

Laugh till you cry wrote on Sep 24^th, 2024 at 1:47pm:

Bobby. wrote on Sep 24^th, 2024 at 1:41pm:

tickleandrose wrote on Sep 24^th, 2024 at 1:03pm:

Obviously you guys dont do much shopping. This had being going on for eons, long before COVID.

I know - every retailer in Australia does the same thing -

they all rip people off with fake discounts. Grin

Every retailer in the world, including those in alien worlds outside Earth's galaxy uses this sort of practice.

The only ones that don't do it are those in strictly communist countries where the price is fixed.

Discounts are a way of disposing of excess stocks especially ahead of the arrival of new stocks of goods.

I have never trusted sale prices.
I actually kept records of a few jewellery shops once when I was looking for a watch.

The sale prices were up to 3 times more expensive than the same watch on EBay out of Singapore.
I ended up buying the same watch for $217 out of Singapore - delivered -
when the sale price here was $640. Grin

Prices at Jewellers are usually at least 6x ex-factory price of goods.

Bobby's Singapore Supplier also made a decent profit.

You reckon?

This is the watch - the famous Seiko Diver's 200m 21 jewels:

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tickleandrose

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Re: Coles and Woolies face court over rip-offs.
Reply #14 - Sep 24^th, 2024 at 3:27pm

Laugh till you cry wrote on Sep 24^th, 2024 at 1:47pm:

Bobby. wrote on Sep 24^th, 2024 at 1:41pm:

tickleandrose wrote on Sep 24^th, 2024 at 1:03pm:

Obviously you guys dont do much shopping. This had being going on for eons, long before COVID.

I know - every retailer in Australia does the same thing -

they all rip people off with fake discounts. Grin

Every retailer in the world, including those in alien worlds outside Earth's galaxy uses this sort of practice.

The only ones that don't do it are those in strictly communist countries where the price is fixed.

Discounts are a way of disposing of excess stocks especially ahead of the arrival of new stocks of goods.

I guess, you've never shopped at Louis Vuitton.

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