There is a piece of big news for all the Australian shoppers: You could all get up to $1,300 settlement cash boost payments. There has been a class action suit against the two firms named Woolworths and Coles. They have been accused of misleading their customers and using fraudulent pricing practices. To know more about the $1300 settlement cash boost and the class action suit against Woolworths and Coles, read the article given below.
Australia $1300 Settlement Cash Boost
Gerard Malouf & Partners filed a class action suit against two big brands, Woolworths and Coles, and accused them of using fraud discount prices to fool their customers. All the people who purchased from Woolworths and Coles between a specific time period are entitled to this claim of $200 to $1300.
Both supermarkets are facing accusations that they made an illusion about the prices going down but were actually even higher than the original price. Gerard Malouf & Partners are leading this class action lawsuit. Woolworths has charged higher price claims on about 266 products in 20 months and on the other hand, Coles has charged higher fake price claims for 245 products in 15 months.
| Particulars | Woolworths | Coles |
| Compensation Amount | $200-$1300 | $200-$1300 |
| Market Share | 34% | 33% |
| Investigation Period | February 2022 – May 2023 | September 2021 – May 2023 |
Eligibility Criteria
Many Australian citizens are going to get compensation of about $200-$1300 for being misled by one of the biggest supermarket chains, Woolworths and Coles. The eligibility criteria for those who can get this payment are:
- You must have shopped at Woolworths or Coles in Australia. The purchase can be in-store or online.
- You must have made your purchase from either of the stores between February 2022 and May 2023.
- You must have shopped at Coles in Australia and the purchased products are marked as “Price Dropped” or “Down Down.”
- You must have shopped at Woolworths in Australia and the purchased products are marked as “Price Dropped.”
The lawsuit has been divided by Gerard Malouf & Partners into four main components:
- Deceptive pricing practices: Woolworths and Coles are accused of misleading consumers with product labelling concerning the actual discounts offered.
- Violation of Australian Consumer Law: The lawsuit claims that Woolworths and Coles are involved in conduct that breached the Australian Consumer Law by misleading product prices and selling them at higher prices.
- Misrepresentation of Savings: Woolworths is being charged with the fact that it does not provide the offers that are displayed as special savings offers. The consumers purchase the products with the mentality that they are saving money but instead they are fooled by Woolworths by making them purchase the same product at a higher price.
- Economic Harm: Both the firms, Woolworths and Coles, are being held responsible for causing economic harm to the consumers. The customers, by paying a higher price in the name of a discount, are experiencing monetary loss.
Campaign Investigation On Prices Dropped and Down Down
The Australian Competition and Consumer Commission (ACCC) has initiated proceedings against Woolworths and Coles for allegedly misleading consumers with discount pricing claims on numerous common supermarket products. The Australian population has understood with many years of marketing campaigns by Woolworths and Coles that the “Prices Dropped” and the “Down Down” are nothing but just their tricks to mislead consumers into buying their high-priced products.
According to the ACCC, this fraud involves 266 products of Woolworths at various times over 20 months. All these products were sold at a higher price, showing that they are actually at a discounted rate. The same situation happened with the Coles. They sold 245 products over 15 months.
FAQs
How do I know if I’m eligible for the compensation in the class action suit against Woolworths and Coles?
The eligibility criteria is that you must have shopped at Woolworths or Coles in Australia. The purchase can be in-store or online between February 2022 and May 2023. You must have shopped at Coles in Australia and the purchased products are marked as “Price Dropped” or “Down Down.” You must have shopped at Woolworths in Australia and the purchased products are marked as “Price Dropped.”
How much compensation will I get if I’m eligible for this payment?
All the people who purchased from Woolworths and Coles between a specific time period are entitled to this claim of $200 to $1300.