Greens calls for price gouging companies to be hit with $50m penalty

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Greens calls for price gouging companies to be hit with $50m penalty

The Greens are calling for companies found guilty of price gouging on essential products and services like rent, energy and groceries to be hit with a maximum penalty of $50m.

The minor party will give notice of the bill in the Senate on Thursday, with the proposed legislation mirroring laws in the ********* Union which is aimed at stopping large corporations from abusing their market power.

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