ComCom opens fair trading probe into Woolworths, Foodstuffs

ComCom opens fair trading probe into Woolworths, Foodstuffs
The Commerce Commission is investigating the supermarket majors over their compliance with the Fair Trading Act. (Image: Getty)
Rebecca Stevenson
The Commerce Commission has opened an investigation into the supermarket majors following an allegation of Fair Trading Act breaches. The competition watchdog said it was investigating Woolworths, Foodstuffs North Island and Foodstuffs South Island after Consumer NZ lodged a complaint with the Commerce Commission in August.Consumer NZ claimed supermarkets were engaging in misleading pricing, charging more than advertised and had misleading specials and promotional practices. Deputy chair of the Commerce Commission, Anne Callinan, said...

More Retail

Are all Willis’ duopoly-breaking options really on the table?
Retail Analysis

Are all Willis’ duopoly-breaking options really on the table?

A survey of her external adviser's views suggests not.

Gregor Thompson 01 Apr 2025
My Food Bag CEO signals 'return to growth'
Retail

My Food Bag CEO signals 'return to growth'

My Food Bag's chief executive, Mark Winter, says the company has "returned to growth" after strengthening its sales performance in the second half of the financial year.On Tuesday, the meal-kit delivery firm told the NZX that it expects to deliver full-year earnings in line w...

Gregor Thompson 01 Apr 2025
Woolworths, Foodstuffs' Quin say divestment will lift prices
Retail

Woolworths, Foodstuffs' Quin say divestment will lift prices

An academic says claims that customers benefit from scale are overstated.

Gregor Thompson 31 Mar 2025
Supermarkets face break-up threat
Retail

Supermarkets face break-up threat

Forced and voluntary divestments are among potential outcomes.

Pattrick Smellie 30 Mar 2025