D-Day for supermarket owners in competition probe

Would forcing supermarkets to sell some of their stores or warehouses improve competition?. (Image: Deposit Photos))

Mon, 01 Nov 2021

Supermarket owners will face their toughest questioning so far as the public sessions in the Commerce Commission’s inquiry into grocery sector competition head into the home straight today.On the agenda is divestment – the potential for the commission to order the two main supermarket chain owners, Foodstuffs and Woolworths NZ, to divest large numbers of supermarkets to create a new competitor.One other major potential disrupter is also up for scrutiny – requiring the supermarket owners to pull apart their existing vertically...

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