Editorial: Supermarkets battered in court of public opinion, but can all claims really be believed?
By any measure, it’s been a shocking week for the two major supermarkets in the court of public opinion. Battered and bruised, Woolworths and Coles are now fighting to resurrect their reputations amid damning allegations from the competition regulator that have pushed them lower in the public’s estimation.
“We will look very closely at the extent to which any market power held by the supermarkets has a role in increasing prices to consumers or decreasing prices to suppliers,” said Australian Competition and Consumer Commission deputy chair Mick Keogh in revealing the authority’s interim report about the supermarket sector.
Premium
Subscribers with digital access can view this article.
Already a subscriber?
Login here.
Source link
#Editorial #Supermarkets #battered #court #public #opinion #claims #believed