ACCC approves Woolworths and Coles shifting discounts from petrol to groceries

 In Australia, Coles, NewZealand, Woolworths
Australian Competition and Consumer Commission chairman Rod Sims has welcomed a decision by Woolworths and Coles to reallocate spending on deep petrol discounts to groceries.
”We always said that we welcome discounts,” Mr Sims told Fairfax Media. ”We also said that once the [petrol] shopper dockets don’t exist any more they’ll find other ways to give discounts and I’d welcome them. All that is good.”
Coles and Woolworths have started offering big discounts on spending in supermarkets after agreeing in December to cap petrol discounts at 4¢ a litre.  Sydney Morning Herald – Read more…

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