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Pak'nSave Supermarkets Fined for Price Misleading
Description
Two PaknSave supermarkets in Auckland and Hamilton pleaded guilty to fair trading violations, including misleading price advertising and fake specials. The Commerce Commission seeks significant fines, arguing that light penalties in previous cases didnt deter the chain from continuing breaches. The stores argue for reduced penalties due to upgraded pricing systems and remorse, while the commission pushes for stiffer penalties to set a precedent for the grocery industry. The judge will decide on penalties and potential suppressions by mid-June.
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