Australian Greens Launch Parliament Inquiry Into Supermarket Price Gouging

‘The big supermarkets have had too much market power. This allows them to dictate prices and terms that are hitting people hard,’ said Greens senator.

Coles and Woolworths signs are seen outside a shopping centre in Melbourne, Australia, on May 25, 2015. Quinn Rooney/Getty Images

Australia’s major supermarkets could be subject to a new investigation amid accusations of profiting from the cost of living crisis.

On Dec. 3, the Australian Green Party announced that they would launch a senate inquiry into the alleged price-gouging practice of major supermarkets.