Regulator warns it will ‘name and shame’ anyone price gouging RATs

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Regulator warns it will ‘name and shame’ anyone price gouging RATs
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The ACCC has fired a warning shot as the price for rapid antigen tests soar as high as $45 a pop. 7NEWS

“We are seeking information from suppliers about their costs and the current pricing of rapid antigen tests,” ACCC Chair Rod Sims said.Credit:“We are also contacting major retailers and pharmacies seeking similar information and reminding them that they need to be able to substantiate any claims they make to consumers about the reason for higher prices.”

Australia’s competition watchdog said while suppliers are able to set their own prices for the tests, they must be able to reasonably justify their high prices without misleading the customer.If you’d like to view this content, please adjust your

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