Australia's consumer watchdog sued the Oceania country's two largest supermarkets on Monday, accusing Coles and Woolworths of misleading customers by misrepresenting hundreds of products as being discounted.

Australia’s competition regulator said it is suing Woolworths and Coles, the country’s two largest grocery chains, for misleading customers with their discount pricing.

Coles said it would defend itself against the allegations, while Woolworths said it would review the claims made against it. The grocery giants, which account for two thirds of Australia's grocery market,

Australia's consumer watchdog is suing the country's two biggest supermarket chains, alleging they falsely claimed to have permanently dropped the prices of hundreds of items.

Australia's consumer watchdog sued the Oceania country's two largest supermarkets on Monday, accusing Coles and Woolworths of misleading customers by misrepresenting hundreds of products as being discounted.

Australia's consumer watchdog accused the country's two largest supermarket chains of misleading shoppers about discounts on hundreds of products in lawsuits filed on Monday, tightening pressure on the sector amid a cost-of-living crisis.