2021-07-29 01:05:28 GMT2021-07-29 09:05:28(Beijing Time) Xinhua English
WELLINGTON, July 29 (Xinhua) -- The New Zealand Commerce Commission's draft report into competition in the retail grocery sector has found that competition is not working well for consumers.
"If competition was more effective, retailers would face stronger pressures to deliver the right prices, quality and range to satisfy a diverse range of consumer preferences," said Commission Chair Anna Rawlings on Thursday.
In November 2020, the government asked the commission to look at whether competition in the 22-billion-New-Zealand-dollar per year grocery industry was working well and, if not, what could be done to improve it.