Carrington Clarke
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Appearances Over Time
Podcast Appearances
So perhaps we are going to see even more legal matters coming to the fore as the ACCC flexes this muscle.
It'll be interesting to see what both the big supermarket giants end up saying.
Again, the Woolworths case hasn't been decided yet, but whether or not we will see a major change in their practices of discounting.
I mean, the Coles slogan, down, down, I think is pretty ingrained in most people's... Yeah, but we just heard that the chair of HLC asked about whether or not it should be retired.
She said that's the decision for them.
It now carries a certain amount of baggage.
Will we see it retired?
Will we move to a system where we don't have such constant sales?
Anyone who goes into a supermarket will see such an array of different stickers with different types of discounts.
Will we see a pairing back of that?
Obviously, they think it works, which is why they do it.
But maybe we will see a change in that practice where you'll have maybe less discounts.
numbers of specials, but they will mean something more meaningful.
It's going to be fascinating.
Now, the big question, of course, is, well, what will be that punishment?
You point out the Oztrak example, which I think is totally valid.
Those numbers can be eye-watering.
There is up to nine-figure punishment apparently available to Coles.
Unlikely you would think that we would get there, but who knows?
The ACCC says it will be making a submission.