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Coles and Woolworths to face Senate scrutiny amid claims of profiteering
(www.theguardian.com)
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this post was submitted on 23 Dec 2023
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Can you imagine the lengths these companies go to to screw over the producers? We often look at how it hurts our pockets, but for Coles and Woolworths, the profit margin works both sides. Say milk, if they screw the producer down so it is only barely profitable (can’t have them not being able to supply) and then pump up the price for the consumer, it is a double win.
I'd say that's exactly what they're doing