Anthony Albanese has offered to give the competition watchdog extra powers to combat price gouging, after comments from the regulator suggesting it could sue grocery giants for deceptive special discounts.
On Tuesday, the Australian Competition and Consumer Commission chair, Gina Cass-Gottlieb, said it was “carefully looking” at a potential claim that some discounts amounted to deceptive conduct – when retailers increased prices for a brief period beforehand, exaggerating consumer savings.