Carrington Clarke
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Appearances Over Time
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She wants to see people be able to receive discounts from companies.
She wants companies discounting.
They want more competition within the industry.
But what they don't want are fake discounts.
Yes, I think usually people talk about Coles and Woolworths controlling about two-thirds of the total spend.
I mean, what is interesting, though, is that basically Coles and Woolworths in their separate cases are claiming there is fierce competition.
And part of the reason that we saw this particular practice where they had an original price, it gets bumped up to a new price and then discounted and discounted even quicker is
than the guardrails will allow is because they're looking at what the other guy is doing and saying, well, they seem to be doing this.
So we're going to do a similar thing because we can't let them steal market share from us.
And so on one hand, there is competition.
But as you say, they're also so massive that they have huge power, particularly when it comes over suppliers.
And for a lot of Australians, they are the kind of only option
when you're going to go and do a big supermarket shop, which is why there is a consumer watchdog keeping an eye on it.
The ACCC did have a lot riding on this.
There was concern that if they lost this case and, you know, we still don't know what's going to happen with Woolworths.
People are trying to draw a lesson.
We'll wait to see what happens.
But if they had lost these two cases, then potentially there would have been a real question mark over how much power it did have to regulate this type of practice, the power to keep an eye on how pricing is happening.
This does seem to be a big win for them.
What it also means is they're probably going to be more courageous in going after other pricing practices.