From the supermarket to the petrol pump, many Australians are concerned about the power of large corporations. Are consumers getting a fair deal? Do they have enough choice?
This week, the Australian Competition and Consumer Commission (ACCC) is due to hand the government the final report from its inquiry into Australia’s supermarket sector. They have already said the sector is highly concentrated, with just a few sellers controlling prices and exploiting small suppliers.
This advocacy highlights a key source of pressure on wallets. The ACCC is also pursuing consumer law claims against the big supermarkets for creating the “illusion” of discounted prices.
