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“There has been a historic lack of action in the supermarket sector, but we have all had a sense that this has been an issue for a long time. This report today really just confirms that.” Clark said he hoped the duopoly of Foodstuffs and Woolworths would read the report carefully, as “their reputation depends on them giving Kiwis a fair deal”. Abigail Dougherty/Stuff Commerce and Consumer Affairs Minister David Clark comments on the Commerce Commission s retail grocery sector draft report. Though Clark did not commit to one of the suggestions in the draft report of creating a state-owned supermarket chain, he did say that the report was an opportunity for the sector to change. ....
Watch live: Minister David Clark reacts to Commerce Commission draft report rnz.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rnz.co.nz Daily Mail and Mail on Sunday newspapers.
Laws already exist within the Fair Trading Act around unfair terms in consumer contracts, however, Wilson said they would like to see similar requirements in grocery supply contracts. So requirements for those contracts to be fair and not have any terms in them that significantly advantage the supermarket over the supplier. So if that was a condition either in a mandatory code of conduct or as an amendment to the Fair Trading Act, it would have a lot more heft, and if the commission had the power to prosecute when the major chains were not playing ball, it would create a significant incentive on the stores to change their practices. ....
Consumer NZ backs Commerce Commission proposals for supermarkets - www.indianweekender.co.nz indianweekender.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indianweekender.co.nz Daily Mail and Mail on Sunday newspapers.
Deep discounts: The nemesis of bargain hunters eurekalert.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eurekalert.org Daily Mail and Mail on Sunday newspapers.