Australia's consumer watchdog is suing the country's two biggest supermarket chains, alleging they falsely claimed to have permanently dropped the prices of hundreds of items.The Australian Competition and Consumer Commission (ACCC) alleges Coles and Woolworths broke consumer law by temporarily raising prices before lowering them to either the same level or higher than originally.

Australia’s competition regulator said it is suing Woolworths and Coles, the country’s two largest grocery chains, for misleading customers with their discount pricing.

Australia’s two biggest supermarket chains allegedly raised prices before discounts. Read more at straitstimes.com.

Australia's consumer watchdog is suing the country's two biggest supermarket chains, alleging they falsely claimed to have permanently dropped the prices of hundreds of items.

Australia's consumer watchdog accused the country's two largest supermarket chains of misleading shoppers about discounts on hundreds of products in lawsuits filed on Monday, tightening pressure on the sector amid a cost-of-living crisis.