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Business Scoop » Cadbury Dairy Milk blocks to swap to recycled packaging

Business Scoop provides news and views on Business and Markets from New Zealand ....

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Grocery Market Study Report Shows Big Problems In Sector

Thursday, 29 July 2021, 12:39 pm
The New Zealand Food & Grocery Council welcomes the
Commerce Commission’s draft report on its market study
into the grocery sector.
“This is a most thorough
report that delves very deeply into all the market and
competition issues concerning consumers, retailers and
suppliers,” says Chief Executive Katherine
Rich.
“The Commission has left no stone unturned and
has compiled a meticulous and accurate reflection of the
grocery market.
“The report shows there are big
problems in the market, and consumers would get better
prices, wider ranges, and better quality if there was
increased competition.
“It accurately reflects the ....

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Business Scoop » Grocery Market Study Report Shows Big Problems In Sector

Press Release – Food and Grocery Council
The New Zealand Food & Grocery Council welcomes the Commerce Commissions draft report on its market study into the grocery sector. This is a most thorough report that delves very deeply into all the market and competition issues concerning …
The New Zealand Food & Grocery Council welcomes the Commerce Commission’s draft report on its market study into the grocery sector.
“This is a most thorough report that delves very deeply into all the market and competition issues concerning consumers, retailers and suppliers,” says Chief Executive Katherine Rich.
“The Commission has left no stone unturned and has compiled a meticulous and accurate reflection of the grocery market. ....

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Countdown and Foodstuffs about to find out what's in the regulator's trolley

But less certain is what if any steps the commission might recommend to increase competition or bring down prices for consumers.
Consumer Affairs Minister David Clark said in November when he announced the review that New Zealand had one of the “most concentrated retail grocery markets in the world” and there were indications that competition in the sector had weakened over time.
One competition expert believed Countdown and Foodstuffs, which owns the New World, Pak’n Save and Four Square chains, might be in for a surprise.
Although not tipped as likely when the review was announced, the Commerce Commission could go as far as to recommend “vertically or horizontally separating” the supermarket chains, in its draft report, the expert said. ....

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