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3 Jul 2025 9:39
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  •   Home > News > Business

    It could be too little too late when it comes to encouraging a third supermarket to New Zealand

    It could be too little too late when it comes to encouraging a third supermarket to New Zealand

    14 February 2025
    The Government's repeated the call that we need more competition - to pressure prices.

    It's laying out plans to challenge the incumbents, Foodstuffs and Woolworths - and remove regulations discouraging competition.

    Former Food and Grocery Council chief executive Ernie Newman says the time has passed and the focus should be on breaking up the existing sector.

    He says it can be done, there's international precedent when competition comes unstuck.

    © 2025 Newstalk ZB, NZCity


     Other Business News
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     03 Jul: Bosses at some state-owned enterprises are continuing to be rewarded pay increases, while their companies' profitability tanks
     02 Jul: Prices for top-end butter are through the roof, with little recourse for shoppers
     02 Jul: Woolworths is recalling potentially plastic-infused mince, sold in its North Island stores
     02 Jul: The Commerce Commission's issued a warning to Foodstuffs North Island, over an alleged breach of the Grocery Supply Code
     02 Jul: Air New Zealand is adding 127-thousand seats to Christchurch for the Special Olympics
     01 Jul: New World is launching a reusable container trial in September
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