ComCom still concerned at loss of competition from Foodstuffs merger

Foodstuffs runs Pak'nSave, New World and Four Square stores.

Tue, 16 Jul 2024

The Commerce Commission remains unconvinced that the proposed merger of Foodstuffs North Island and Foodstuffs South Island won’t limit competition in the New Zealand market.It released a statement of unresolved issues on July 16. The regulator said the statement wasn't a final decision and didn't mean that the commission intended to decline or to approve the merger.The commission has extended the timeline for its decision on the proposed merger several times, mostly recently in June when it extended the deadline to Oct 1. It hasn...

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