Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Australian report criticizes major supermarkets for high profits and recommends measures to boost competition.

flag The ACCC's report on Australia's major supermarkets, Coles and Woolworths, found they hold a dominant 67% of the market and are among the world's most profitable, despite not engaging in price gouging. flag The report suggests these companies are not passing cost savings to consumers and recommends 20 measures to increase competition and transparency, without calling for their breakup. flag This comes amid concerns over high grocery prices and slow wage growth.

245 Articles