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The Latest Breaking News from ACCC

Anthony Albanese announces year-long investigation into supermarket prices by ACCC

Prime minister says treasurer Jim Chalmers will direct competition watchdog to conduct 12-month price inquiry into supermarkets

The Guardian - AU

Supermarket prices under gaze of consumer watchdog

Supermarket giants are accused of price gouging on fruit, vegetables and meat and the consumer watchdog will use its "full legal powers" to investigate.

AAP

The Chemist Warehouse-Sigma merger is a major test of Labor’s competition plans

When pharmaceuticals consolidate, evidence shows we get less competition, higher prices and worse care.

Crikey

From analysis to the latest developments in health,
read the most diverse news in one place.

I fell for a Taylor Swift online scam. How could I be that dumb?

Seriously, how could I be that dumb? There were so many red flags.

The Canberra Times

Suspected lithium battery fire at Singleton tears through car and property

A fire that destroyed property at Singleton prompts a warning about lithium batteries.

Newcastle Herald

The PM Has Publicly Backed The ACCC In Possibly Suing Coles And Woolies Over Price Gouging

The government has said it will support the Australian Competition and Consumer Commission (ACCC) should it move forward and sue Woolworths and Coles over misleading prices. ACCC chair Gina Cass-Gottlieb said it was “carefully looking” at claims that some discounts the supermarkets offered could be considered deceptive conduct, with retailers allegedly increasing…

Pedestrian.tv

Albanese offers extra powers for ACCC to battle supermarket price gouging

Prime minister made comments after regulator suggested it could sue grocery giants for deceptive special discounts

The Guardian - AU

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Farmers, shoppers bear brunt of supermarket pricing

Farmers have called for a consumer watchdog inquiry, rather than a review, into the supermarket sector after accusing it of failing producers and consumers.

AAP

As Australian supermarkets are blamed over food costs, French grocer Carrefour targets Pepsi for 'unacceptable' price rises

French supermarket Carrefour has fired a warning shot in a price war with global food brands, dropping PepsiCo products last week because of “unacceptably high” increases.

The Conversation

It's crunch time for supermarket pricing

Letters to the editor: Supermarket pricing needs ACCC attention

Newcastle Herald

Supermarkets told to pass on savings at the checkout

Supermarkets have been told to pass on savings as calls echo for the consumer watchdog to launch an inquiry into their behaviour.

AAP

Coles & Woolies Are Charging Aussies More For These Local Products Than Overseas Stores

Reddit users have noticed that Australian made products are cheaper overseas than they are right here in Aussie supermarkets.

Pedestrian.tv

Lithium-ion batteries fires warning for Christmas

The fire risk from lithium-ion batteries is rising as Christmas shoppers continue stocking up on gadgets and devices that run on the rechargeable power source.

AAP

Tech moved quickly in 2023. Australia’s policy response? Not so much

When it comes to responding to the challenges presented by the tech industry, the real action happened outside of Parliament in 2023.

Crikey

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Pedestrian.tv

Airbnb Has Been Ordered To Pay $30m After Misleading 63,000 Aussie Customers With US Prices

Airbnb will pay a $15 million fine after failing to make clear to customers that price listings were in US and not Australian dollars.

The Guardian - AU

Airbnb forced to pay up to $30m for misleadingly charging Australians in US dollars

Federal court fines company $15m and orders it to pay up to $15m in compensation for making false or misleading claims to about 70,000 customers

AAP

ACCC warns of higher prices without right merger reform

The consumer watchdog has poured cold water on merger reform models proposed by Treasury and says its compulsory notification model strikes the right balance.

The Guardian - AU

Two in five Australians had flight cancelled or delayed over 12 months, survey says

Choice poll claims fewer than half of all flight refunds are received within a month

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news in one place.

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AAP

Pathology company merger off after regulator opposition

Australian Clinical Labs has dropped a takeover bid for fellow pathology company Healius after the competition regulator opposed the move.

Crikey

Qantas offers litany of lies in a flight from reality on regulation

Qantas has responded to the government’s aviation green paper by saying everything’s pretty much fine in the industry, thanks, and there’s no need to do anything differently.

AAP

Savers miss out as banks exploit 'consumer inertia'

The consumer watchdog says many bank customers are paying the loyalty tax on their savings accounts and could be earning more interest.

The Guardian - AU

Waterfront operators’ soaring profit margins prompts concerns from competition regulator

ACCC report finds there may not be enough market pressure on dominant port operators as companies blame high shipping charges for rising prices

AAP

Not fit for purpose: Fitbit fined $11m for false claims

Australia's Federal Court has issued Fitbit with an $11 million penalty for making misleading claims to customers who complained about faulty devices.

AAP

Principles guard truth in 'eco-friendly' product claims

Shoppers wanting a more sustainable option have fresh protection against false environmental claims under principles for businesses released by the regulator.

AAP

International factors driving petrol price pain

Higher international fuel prices driven by oil production cuts and strong demand, combined with a lower US dollar exchange rate, are pushing up petrol prices.

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