Aussie law firm takes Woolworths, Coles to court over dodgy discount claims

(Reuters) -Australian law firm Gerard Malouf & Partners on Thursday said it had filed class action lawsuits against the country's top two retailers, Woolworths and Coles, for allegedly encouraging misleading discount claims on everyday products.

The two supermarket giants are currently in court, sued by the consumer watchdog, for misleading shoppers about discounts on hundreds of products. The new class action tightens pressure on the sector reeling from a cost-of-living crisis.

The law firm said the proposed legal action aims to recover the price distinction between the alleged illusory discounted pricing and the original, undiscounted price.

These products were sold at Coles between February 2022 and May 2023, while shoppers bought such stuff from Woolworths between September 2021 and May 2023.



Coles and Woolworths did not immediately respond to Reuters' request for comments.

The supermarket giants have faced scrutiny from lawmakers and regulators for hitting consumers with high prices at a time when interest rates, housing costs and energy bills have also risen sharply.

Source: Investing.com

Последние публикации
Norway stocks higher at close of trade; Oslo OBX up 1.80%
14.11.2024 - 18:00
Burberry hopes 'scarf bars,' puffer jackets and classic styles can drive turnaround
14.11.2024 - 18:00
Amazon's push into telehealth knocks shares of Hims & Hers
14.11.2024 - 18:00
Kraft Heinz must face Mac & Cheese lawsuit, judge rules
14.11.2024 - 18:00
Poland stocks higher at close of trade; WIG30 up 0.87%
14.11.2024 - 18:00
Denmark stocks lower at close of trade; OMX Copenhagen 20 down 0.14%
14.11.2024 - 18:00
Factbox-US deals blocked by regulators or facing intense scrutiny
14.11.2024 - 18:00
Stellantis pledges not to close plants or slash jobs in Italy
14.11.2024 - 17:00
Brazil's JBS sees strong demand for meat in US
14.11.2024 - 17:00
ASML outlook bullish through 2030 due to AI boom -CEO says
14.11.2024 - 17:00
Reliance, Walt Disney close $8.5 billion merger of Indian media assets
14.11.2024 - 17:00
Hilton increases stock buyback program by $3.5 billion
14.11.2024 - 17:00
European stocks rise; eurozone GDP rose in Q3
14.11.2024 - 17:00
Hims & Hers stock falls as Amazon launches Telehealth offering
14.11.2024 - 17:00
Morocco stocks higher at close of trade; Moroccan All Shares up 0.50%
14.11.2024 - 17:00

© Analytic DC. All Rights Reserved.

new
Анализ рынка Как повлият завтра отчет NFP на курс доллара США?