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A code to make sure supermarkets look after local suppliers will hopefully boost market competition - 01-Sep-2023

A code to make sure supermarkets look after local suppliers will hopefully boost market competition - 01-Sep-2023
nzcity.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzcity.co.nz Daily Mail and Mail on Sunday newspapers.

Pierre van heerdenCommissioner pierre

Explainer: Grocery code of conduct for supermarkets and suppliers

Explainer - The government has announced a new code for major supermarkets to treat suppliers more fairly. But what does it mean for competition in the market and prices for shoppers?

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A code to make sure supermarkets look after local suppliers will hopefully boost market competition - 01-Sep-2023

Pierre van heerdenCommissioner pierre

Enforcing Fair Conditions For Supermarket Suppliers

New supply code prohibits abuse of power by supermarkets over suppliers Supermarket duopoly must pay on time and treat suppliers fairly Penalties include the greater of 3% of turnover or $3 million for breaches of new code Grocery Commission to act .

South islandNew zealand generalNew zealandNorth islandDuncan webbPierre van heerdenAdelia hallettGrocery commissionConsumer affairsCommerce commissionLabour governmentGrocery codeConsumer affairs minister duncanWoolworths new zealandCountdown brandFoodstuffs north island

NZ Govt Mandates Fair Conditions for Supermarket Suppliers

NZ Govt Mandates Fair Conditions for Supermarket Suppliers
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Duncan webbPierre van heerdenCommerce commissionConsumer affairsGrocery commissionLabour governmentGrocery codeConsumer affairs minister duncanWoolworths new zealandCountdown brandFoodstuffs north islandSouth islandNew worldFour squareGrocery commissioner pierreGrocery industry competition act