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"A broken market": Structural change needed to fix the supermarket sector

Author
Newstalk ZB,
Publish Date
Thu, 5 Sep 2024, 7:34am
(Photo \ File)
(Photo \ File)

"A broken market": Structural change needed to fix the supermarket sector

Author
Newstalk ZB,
Publish Date
Thu, 5 Sep 2024, 7:34am

The Grocery Action Group wants more regulation in our supermarket sector.  

The Commerce Commission's first annual report on grocery shows competition has not meaningfully improved. 

Foodstuffs and Woolworths could now face hefty fines for failing to treat small suppliers fairly or breaking a new wholesaler code. 

Group lead Sue Chetwin told Ryan Bridge we need structural change to split up this big duopoly. 

She says the Government has to bite the metal here and say we need more regulation to address the state of the industry. 

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