Could Australia adopt India’s strategy to stop supermarket price gouging?

price gouging

Source: SmartCompany

There are a lot of things that you find are different when you make the move to Australia. Some good, some bad, and some just whimsical. 

It was surprising to me that EMI (easy monthly installment, very big in my native India) is a concept not offered by Australia’s banks, despite being an attractive opportunity for private BNPL players. 

But the Indian standard whose absence on these shores truly surprised me was MRP (Maximum Retail Price) printed on the actual product. Landing in Australia after a 12-hour plane journey, my partner was running a high fever. I went out to get some groceries and couldn’t make sense of the prices.

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