உணவு மளிகை சபை News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from உணவு மளிகை சபை. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In உணவு மளிகை சபை Today - Breaking & Trending Today
Foodstuffs admits it needs to do more to convince shoppers it's not ripping them off tvnz.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tvnz.co.nz Daily Mail and Mail on Sunday newspapers.
NZ food retail needs more competition, report argues By Dean Best 04 Aug 2021 (Last Updated August 4th, 2021 21:56) The study, commissioned by the New Zealand government, has argued the country’s grocery market is not as competitive as it could be. Share Article New Zealand should make it easier for food retailers to enter the sector, where a “duopoly” is hitting suppliers and consumers, a government-commissioned study has said. The country needs to see more competition in its food retail market, where local retailer Foodstuffs and Australia’s Woolworths are the two largest players. Their combined market share has been estimated at around 85%. ....
There is no bigger stick the commission could have reached for. Rawlings did not rule out Foodstuffs being required to sell its entire Pak ’n Save franchise if push came to shove, saying the method of any enforced sales would be something it would need to consult on. But it seems more likely the commission would want to see a spread of sales from different chains in different locations, if it came to that. “We would envisage we would be looking for a national spread of stores,” Rawlings said, commenting on the nature of any sell-offs. “At this stage, we don’t contemplate it would necessarily target one particular retailer and one particular chain.” ....
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. TDB Recommends NewzEngine.com 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. ....
Thursday, 29 July 2021, 12:39 pm The New Zealand Food & Grocery Council welcomes the Commerce Commission’s draft report on its market study into the grocery sector. “This is a most thorough report that delves very deeply into all the market and competition issues concerning consumers, retailers and suppliers,” says Chief Executive Katherine Rich. “The Commission has left no stone unturned and has compiled a meticulous and accurate reflection of the grocery market. “The report shows there are big problems in the market, and consumers would get better prices, wider ranges, and better quality if there was increased competition. “It accurately reflects the ....