Builders and grocers next targets for Labour

Builders and grocers next targets for Labour
Victoria Young
New Zealand's big three building materials firms - Fletcher Building, Carter Holt Harvey and Bunnings - and the supermarket duopoly between Foodstuffs and Countdown will come under the microscope if the Labour Party is returned to power.Labour leader Jacinda Ardern said she wants to initiate a market study into the supermarket sector before the end of this year, moving to building suppliers in 2021, to make sure consumers are getting a fair deal. The Commerce Commission has had the power to conduct such investigations since 2018. NZX-l...

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Staff reporters 23 Jul 2024