Retail

Are supermarkets devils or angels? ComCom asked to decide

Ian Llewellyn
Fri, 22 Oct 2021

Are supermarkets devils or angels? ComCom asked to decide
Are New Zealanders confused, befuddled shoppers or happy, savvy bargain-hunters? (Image: Deposit Photos)
Ian Llewellyn
Fri, 22 Oct 2021
Dominant supermarkets were accused of turning the screws on both customers and their suppliers in the second day of the Commerce Commission’s public hearings on supermarket competition today.Several allegations were made about predatory and misleading behaviour. The supermarkets rejected these, saying if half of the accusations were true, they would be breaches of current laws such as the Fair Trading Act.Today’s sessions focused on whether promotional pricing, such as specials, and regulated standardised unit pricing should be the...

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