$1,300 Cash boost for Woolworths, Coles Customers as Legal Battle Kicks Off

Aussie shoppers might see a big win, with a class action lawsuit against Coles and Woolworths. It could give up to $1,300 to each customer. The lawsuit was started by Gerard Malouf & Partners after the ACCC looked into Coles and Woolworths’ pricing.

Legal firm Gerard Malouf & Partners says shoppers could get $200 to over $1,300. This depends on how much they bought at Coles and Woolworths, both in-store and online, from February 2022 to May 2023. The class action is for products labeled as “Price Dropped” or “Down Down”. The ACCC found these discounts were often fake or even higher than the original prices.

Major Highlights

• Aussie shoppers could receive up to $1,300 in a class action lawsuit against Coles and Woolworths
• The lawsuit follows an ACCC investigation into alleged deceptive pricing practices by the supermarket giants
• Payouts could range from $200 to over $1,300 per customer, depending on their shopping habits
• The class action covers products marked as “Price Dropped” or “Down Down” between February 2022 and May 2023
• The ACCC found the discounts were often illusory or even higher than the original prices

The Class Action Lawsuit Against Major Supermarkets

A big class action lawsuit is happening in Australia. It’s against Coles and Woolworths, the top supermarket chains. The law firm Gerard Malouf & Partners is leading it. They say the supermarkets tricked people with their prices.

The lawsuit claims the supermarkets broke the Australian Consumer Law. It also says they caused economic harm and lied about savings. This is a big deal for consumers.

Another law firm, Carter Capner, has started a similar class action. They think each affected household could get $2,000 to $5,000. The Australian Competition and Consumer Commission (ACCC) is also taking action. They’re suing Coles and Woolworths for overcharging on some products.

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ACCC’s Role in the Investigation

The ACCC found Woolworths lied about 266 product prices for 20 months. Coles did the same for 245 products over 15 months. This has made many people angry and want justice.

Retailer	Alleged Violations	Timeframe
Woolworths	266 products with misleading price claims	20 months
Coles	245 products with misleading price claims	15 months

The ACCC’s case is not about getting refunds. But if they win, people who were tricked might get money. The class action also says the supermarkets broke the law in many ways.

“Shoppers have expressed outrage over Coles and Woolworths’ pricing tactics, fueling demand for action and compensation through the class action lawsuit.”

This legal fight wants to stop the supermarkets from being dishonest. It could help people who were hurt by the supermarkets’ actions. The money they might get could be a big help.

$1,300 Cash Boost: Possible Compensation Details

A class action lawsuit by Gerard Malouf & Partners could help Aussie shoppers. Those who bought items marked “Prices Dropped” or “Down Down” at Coles or Woolworths between February 2022 and May 2023 might get $200 to over $1,300. This could be a big help for families.

The amount you could get depends on how much you shopped and what you bought. To see if you’re eligible, you can sign up on special websites for each supermarket. The goal is to get back the money lost due to false discounts. This could give families some much-needed relief.

Compensation Range	Eligibility Criteria
$200 to over $1,300	Shopped at Coles or Woolworths in Australia (in-store or online) Purchased products marked as “Prices Dropped” or “Down Down” Purchases made between February 2022 and May 2023

To get your share, sign up on the websites for Coles and Woolworths. The lawsuit wants to get back the money lost from false discounts. This could really help Aussie families with their rising costs.

Alleged Deceptive Pricing Practices at Coles and Woolworths

The Australian Competition and Consumer Commission (ACCC) has accused Coles and Woolworths of misleading pricing. They say the supermarkets raised prices before running “Prices Dropped” and “Down Down” promotions. This made the discounts seem bigger than they were, possibly breaking Australian Consumer Law.

Prices Dropped and Down Down Campaign Investigation

The ACCC believes Coles and Woolworths lied about their product prices. They think tens of millions of items were sold at these inflated prices. This made the supermarkets a lot of money.

Impact on Australian Consumers

Australians may have paid too much for products they thought were on sale. This has made life more expensive. It’s hard for families to cope with the rising costs and find inflation relief, household assistance, and financial support.

Violation of Australian Consumer Law

The ACCC is looking into the supermarkets’ pricing. They’re collecting evidence for a possible class action lawsuit. If found guilty, the supermarkets could face big fines and have to pay back money to customers.