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‘Beyond Outrageous’: ACCC on the Hunt for RAT Pricing Explanations

‘Beyond Outrageous’: ACCC on the Hunt for RAT Pricing Explanations
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Australia News

Reports of excessive pricing for rapid antigen tests and is asking stores to explain their reasoning.

“Many of the reports are between $20 and $30 which is concerning,” Mr Sims said on Monday.

“We’ve had a number of reports well above $30 which, of course, is just beyond outrageous.

“The wholesale prices we’re hearing about are anywhere between $3.95 and say $7-8 – sometimes those prices go up to $11.45 – but you can see when the bulk of the wholesale pricing is between say $4 and $8 that the pricing between $20 and $30 is extremely concerning, and as I say above $30 just beyond outrageous.”

“We have already written out to a range of chains to get them to explain their pricing, and we’re also writing out to individual stores to get them to explain their pricing.”

Credit SKY NEWS

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