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Govt's plan to tackle supermarket duopoly comes as no surprise - Foodstuffs North Island CEO

Author
Newstalk ZB,
Publish Date
Thu, 13 Feb 2025, 12:58pm
Kilbirnie Pak'N Save. Photo / Pak'N Save website
Kilbirnie Pak'N Save. Photo / Pak'N Save website

Govt's plan to tackle supermarket duopoly comes as no surprise - Foodstuffs North Island CEO

Author
Newstalk ZB,
Publish Date
Thu, 13 Feb 2025, 12:58pm

The Government this morning laid out it's intentions to tackle New Zealand's two-horse supermarket race. 

Economic Growth and Finance Minister Nicola Willis says the Government has the power to make the market more attractive and encourage a third player. 

They’re planning to remove regulations discouraging other supermarkets competing. 

Foodstuffs North Island CEO Chris Quin told Kerre Woodham that it’s not a surprise. 

He says competition is good for the supermarket sector, and the actions they took were always with the assumption that new competition could come at any time.  

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