ACCC urges reform as Coles and Woolworths named among ‘most profitable’ supermarkets in world

A 441-page report calls for 20 recommendations, including greater transparency around prices, special offers and ‘shrinkflation’Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastColes and Woolworths increased prices during a cost-of-living crisis to boost profits and used promotions that made it hard to judge a good shopping deal, the competition regulator concluded in a major report investigating the sector.The Australia