Consumer Confidence
Top Categories
-
Kogan Launches Controversial ‘Clone’ Site Offering Identical Products at Increased Prices
An investigation by ABC News has uncovered that Kogan, a prominent online retailer, operates a secondary website named Exclusive Brands, where it offers identical products at significantly higher prices. This revelation has prompted experts, including a former head of the Australian Competition and Consumer Commission (ACCC), to urge the consumer protection agency to conduct an…
-
Japan conducts raids on ice cream manufacturers amid accusations of price-fixing conspiracy.
In Japan, six prominent ice cream manufacturers are facing scrutiny for potential price-fixing activities. The Japan Fair Trade Commission (JFTC) has initiated an investigation into allegations involving well-known brands such as Meiji, Ezaki Glico, Morinaga Milk Industry Co, Lotte Co, Morinaga & Co, and Akagi Nyugyo Co. The investigation follows reports that these companies may…
-
Coles Faces Accusations of Deceptive Practices in Landmark Federal Court Ruling
The supermarket chain Coles has been found to have violated consumer laws by misleading customers regarding discount pricing, according to a ruling by a Federal Court judge. The Australian Competition and Consumer Commission (ACCC) initiated legal action against Coles, claiming that the retailer misrepresented savings on numerous everyday items through its well-known “Down Down” promotional…
-
Rising Interest Rates Intensify Financial Strain for Struggling Borrowers
Since the beginning of the year, over 65,000 individuals have reached out to the National Debt Helpline, primarily due to struggles with mortgage payments. Recent statistics from Roy Morgan suggest that the number of borrowers facing potential mortgage stress is projected to increase to 1.64 million, following the recent rise in interest rates. Those experiencing…
-
The Potential Impact of Two Legal Cases on Supermarket Pricing Regulations
Paul Harker, a senior executive at Woolworths, found himself alarmed while navigating the vibrant aisles of his local supermarket. His aim was to identify the red “Prices Dropped” tickets that signify substantial savings on everyday items, but his investigation had a more serious purpose: to assess whether Woolworths was facing significant issues. In mid-2022, the…