ACCC urges reform as Coles and Woolworths named among ‘most profitable’ supermarkets in world | Australian Competition and Consumer Commission (ACCC)

Coles and Woolworths increased prices during a cost-of-living crisis to boost profits and used promotions that made it hard to judge a good shopping deal, the competition regulator concluded in a major report investigating the sector.

The Australian Competition and Consumer Commission (ACCC) also…