ACCC cracks down on dodgy retail practices
Thursday 21 February 2013 @ 11.26 a.m. | Trade & Commerce
The competition regulator has announced a crackdown on businesses making dodgy claims about products or services and exploiting customers, according to abc.net.au.
The Australian Competition and Consumer Commission (ACCC) is targeting misleading claims including those about free-range eggs and the origin of meat.
The ACCC revealed that Coles and Woolworths are the subject of a probe into claims they are putting unlawful pressure on their suppliers.
The commission's chairman Rod Sims said that his organisation is also looking into several other cases of anti-competitive behaviour.
"We've got about 30 investigations underway which is, by our standards over the long haul, quite a lot," he said.
"We're looking at cartel conduct, misuse of market power, we're looking at anti-competitive agreements. It's quite broad, it's in many areas of the economy."
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