Coles concedes mistake in discounting item to make it more expensive after a week

Original article by Elias Visontay
The Age – Page: Online : 18-Feb-26

The Federal Court has been told that consumers understand that grocery prices will change in a high-inflation environment. Coles Group’s lead barrister John Sheahan addressed the court on the second day of the Australian Competition & Consumer Commission’s case against the supermarket giant over alleged ‘sham’ price discounts. He contended that shelf tickets with a ‘was/is’ price are a legitimate sign of "good value today" for a specific product, and that the ‘Down, Down’ campaign was a broader indication that Coles was trying to keep prices low rather than advertising a specific discount. Sheahan also said Coles has acknowledged that one of the products that attracted the ACCC’s scrutiny should not have beeen added to the ‘Down, Down’ promotion only a week after a large price rise.

CORPORATES
COLES GROUP LIMITED – ASX COL, COLES SUPERMARKETS AUSTRALIA PTY LTD, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, FEDERAL COURT OF AUSTRALIA

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