Australia’s supermarket giants could be required to demonstrate a reasonable link between the wholesale cost of food and grocery products and the price charged to consumers, under new laws being mooted by the Albanese government.
If Labor wins the May 3 election, Prime Minister Anthony Albanese will establish a six-month inquiry to design laws to make supermarket price gouging illegal, despite the competition regulator finding no evidence of excessive or unfair charges at the checkout in its review released this month.
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