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Market Mover | Coles and Woolworths shares dip as ACCC sues for discount misleading

Moomoo News ·  Sep 22 20:30  · Movers

In today's morning trade, the two largest supermarket chains in Australia, $Coles Group Ltd (COL.AU)$ and $Woolworths Group Ltd (WOW.AU)$ declined by 3.07% and 3.92% respectively.

It was reported that $Coles Group Ltd (COL.AU)$ and $Woolworths Group Ltd (WOW.AU)$,  were sued by the nation's competition regulator over accusations that they misled shoppers regarding discounting on hundreds of common products.

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