Will they or won't they? Commerce Commission faces stark choice on supermarket break-up
OPINION: Regulator faces two options on duopoly: opt to Countdown for a new world or Pak 'n Save it in.
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OPINION: Regulator faces two options on duopoly: opt to Countdown for a new world or Pak 'n Save it in.
But Countdown questions whether commission should even be 'entertaining' forced divestments, given possible impact on investors.
Lack of competition not to blame for high grocery prices, as overseas comparisons dismissed and supermarket bosses point to NZ's remoteness and supply chain costs.
Adoption of UK-style or 'hybrid' code could see Countdown and Foodstuffs fined best part of $100m for mistreating suppliers.
Countdown exec says it still believes Aldi's entry into NZ is 'imminent'.