Supermarket study hits a brick wall with New World, Pak n Save owners response stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.
“There has been a historic lack of action in the supermarket sector, but we have all had a sense that this has been an issue for a long time. This report today really just confirms that.” Clark said he hoped the duopoly of Foodstuffs and Woolworths would read the report carefully, as “their reputation depends on them giving Kiwis a fair deal”.
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Commerce and Consumer Affairs Minister David Clark comments on the Commerce Commission s retail grocery sector draft report. Though Clark did not commit to one of the suggestions in the draft report of creating a state-owned supermarket chain, he did say that the report was an opportunity for the sector to change.
Watch live: Minister David Clark reacts to Commerce Commission draft report rnz.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rnz.co.nz Daily Mail and Mail on Sunday newspapers.
Supermarket operators not behaving as they should need to analyse whether they have consumers best interests at heart, Commerce and Consumer Affairs Minister David Clark says.
In a draft report released this morning, the Commerce Commission said the duopoly of Foodstuffs and Countdown was working against consumers and food producers, and stifling the chances of further bigger players coming into the market.
The Commission will next seek feedback from the public and the sector including a consultation conference from 21 to 24 September, with submissions closing Thursday 26 August.
Consumer Affairs Minister David Clark responds to the Commerce Commission s draft report.
Photo: Marika Khabazi