The Australian Crime and Corruption Commission released a 400-page report into Coles and Woolworths which revealed that there was no clear evidence the supermarkets had engaged in price gouging. 

However, Coles and Woolworths’ profit margins have increased since the pandemic making them some of the world’s most profitable supermarkets.

Peter Fegan said on 4BC Breakfast, “I fully understand the ACCC says there’s no clear evidence that there was price gouging, and I need to respect that decision.”

“But what is the point of all of this if we are no better off than where we were before we started?”

“Overall, we should all feel pretty disappointed with the ACCC once more,” he continued.

Hear more highlights from Peter Fegan below: 

Image: 9News

Download this podcast here