The lie of neoliberalism is that unregulated markets lead to competitive utopia.
They don’t.
They lead to an elite corporate oligarchy who ensure their dominance via duopoly or monopoly. A plutocratic cartel who amputate monopoly rentals from the economy and call it business.
The brutal strength of the State is required to step in and break up such cartels when they bubble to the top and that’s exactly what the Commerce Commission must demand in its reports on the Supermarket duopoly in NZ.
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The Commerce Commission’s draft report into competition in the supermarket sector has found that competition is not working well for consumers and the main problem is the structure of the New Zealand grocery market, in which new players find it hard to compete.
Why we need the Kiwi food subsidy at a State owned Kiwi Kai Super Market
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Calls to feed the 5 million first before exporting NZ food
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Calls to feed the 5 million first before exporting NZ food
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A new retail establishment is planned for the former Gordmans building at the Clearfield Mall.
At Tuesday nightâs meeting of the Lawrence Township Planning Commission, Code Enforcement Officer Deb Finkbeiner reported the owner of the building, Pennmark, has submitted plans for cursory review by the planning commission for parking changes for a retail establishment to moveto in the building that formerly housed Gordmans, and prior to that, Peebles.
Pennmark did not reveal the retailer or what type of store it would be, but she said the retailer wants to put a loading dock on the left side of the building.