6 Articles
6 Articles
NZCC unveils tougher rules to break grocery market stranglehold
New Zealand’s antitrust watchdog is proposing new rules to break the structural grip that the country’s major supermarkets hold over suppliers and rival grocers, escalating its push to inject competition into a sector long defined by duopoly dominance.
NZ regulator plans to limit fees supermarkets can charge suppliers
New Zealand’s Commerce Commission is seeking to limit the payments that supermarkets can charge suppliers to improve competition and bring more benefits to consumers. The agency has announced some proposed changes to the draft Grocery Supply Code, which was introduced under the Grocery Industry Competition Act to ensure negotiations between major supermarkets and their suppliers are fair and transparent. One of the latest proposals is to restric…
Foodstuffs responds to ComCom reports - FMCG Business
Foodstuffs South Island supports the Commerce Commission’s efforts to ensure an efficient and competitive grocery sector that benefits customers, says a Foodstuffs South Island spokesperson. “Our supplier relationships are a critically important part of this. The strong partnerships we have with suppliers is something we pride ourselves on at Foodstuffs South Island. “We acknowledge the results of the Commerce Commission’s survey and the work th…
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