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Signs for Coles, Woolworths and Aldi supermarkets outside a shopping centre.

"That, I think, tells us something about the level of competition here."

The exterior of a Wooloworths store in Sydney.

"It's very difficult to get to the bottom of that. The profitability figures do give you some very broad picture of what's happening, but the issue of price gouging isn't one we were able to engage in too closely."
A man wearing a suit stands behind a lectern with four microphones from news outlets.

"We use the term oligopoly because it basically implies that there's not a need for the participants to compete strongly on price,"
Mr Keogh said.

A coles shopping centre

"It's no wonder consumers told us very strongly that they find pricing very confusing, and therefore very difficult to make good choices about what to purchase."
A supermarket aisle with shelves of rice being advertised as half-price.

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A sign in an ALDI store saying "we support Aussie farmers".

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