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Coles has told a court that its decision to change its discount policies was unsurprising during a period of significant inflation, denying claims by the ACCC that its ‘Down Down’ promotions were misleading.
Coles increased prices on hundreds of products only as part of a plan to later mark them with a ‘Down Down’ promotion, despite the price being lower only weeks before, the ACCC has argued.
Another Coles manager has faced questioning in a case alleging the supermarket giant's 'Down Down' campaign was illusory, admitting the "only reason" for a four-week price jump on quince paste was to enable a discount.
The ACCC has attacked the evidence at trial of a Coles manager who signed off on an alleged misleading discount on dog food, which was sold at a lower price just seven days earlier.
The former manager of biscuits and cookies at Coles has faced cross-examination by the ACCC over marking Arnott’s Shapes with a 'Down Down' discount, despite the price being 50 cents less four weeks prior.
Facing claims it misled customers with its 'Down Down' pricing, Coles has urged the court not to second guess its judgment, but a judge overseeing the case has said competitive pressures do not excuse misleading promotions.
Coles changed its marketing policies after being concerned it could not compete with Woolworths, a court has heard on the first day of trial in the consumer regulator’s case over the supermarket's “utterly misleading” discounts.
Harvey Norman says it should be fined no more than $24 million for running misleading ads, urging a court not to punish it for "intemperate" remarks its founder made in the media about the legal system.
ASIC on Thursday pushed for penalties totalling $85 million against Harvey Norman and Latitude Finance, after an appeals court found the retailer’s ads touting interest-free financing were misleading.
Software giant Oracle has won its bid to stay a $252 million fight with ATO over royalties, with the Full Federal Court finding the cases would not provide guidance in 15 other software disputes about the operation of the royalty tax.