Subscribe today - find out more
Why you should consider BusinessDesk
Retail

Forced divestment touted as only route to supermarket competition

Pattrick Smellie
Tue, 11 Jan 2022

Forced divestment touted as only route to supermarket competition
Divestment might lower prices, but not by much. (Image: Getty)
Pattrick Smellie
Tue, 11 Jan 2022
The Commerce Commission is barking up the wrong tree with most of its recommendations for promoting supermarket competition, says the managing director of one of the region’s leading food and grocery consultancies, Coriolis Australia.In a cross-submission following the competition watchdog's public hearings last November, Coriolis MD and founder Tim Morris said the only way to break the power of the two main supermarket owners in NZ – Foodstuffs and Woolworths/Countdown – is to force divestments when market share gets too...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Opinion
Vocus-2degrees merger makes sense – can they make it work?
Peter Griffin | Thu, 20 Jan 2022

The question isn’t whether 2degrees and Vocus should come together. It’s how will this newly merged player give us the third strong market player we’ve long needed.

Primary Sector
Fonterra wants new capital structure in place by June
Rebecca Howard | Thu, 20 Jan 2022

Talks are underway between the government and Fonterra to hammer out the final details of the capital structure reform. 

Markets market close
NZ shares routed as ANZ forecasts OCR to hit 3%
Dan Brunskill | Wed, 19 Jan 2022

Just seven of the top 50 stocks gained today as traders and economists predict central banks will have to make radical moves to slay the "inflation dragon". 

Sponsored
How to pick the perfect real estate investment now

Now is a good time to get on the property investment ladder - here is how to get there.

Sponsored
Green energy for green farms and green trucks

Ballance Agri-Nutrients and Hiringa Energy are preparing to make green hydrogen to power trucks and produce sustainable farm fertiliser.