'Predatory pricing': Govt targets supermarket market power

'Predatory pricing': Govt targets supermarket market power
Economic Growth Minister Nicola Willis. (Image: NZME)
Gregor Thompson
The Government announced a series of measures to remove barriers for new or expanding supermarkets, including cracking down on "predatory pricing," Economic Growth Minister Nicola Willis says. It will amend the Commerce Act, introducing an objective economic test for prosecuting firms that misuse their market power to exclude or stamp out competitors, she said.Willis said the legislative amendment would apply to all industries but only to companies that held significant market power within them."Predatory pricing happens whe...

More Retail

Air NZ crew confirm strike action
Retail

Air NZ crew confirm strike action

FAANZ president Craig Featherby said members felt they had no choice but to strike.

Staff reporters 21 Nov 2025
Director confirms police raid on family company
Retail

Director confirms police raid on family company

'The police searched the property for a considerable time ... '

Gregor Thompson 20 Nov 2025
ForBarr sticks to underperform on The Warehouse Group
Retail

ForBarr sticks to underperform on The Warehouse Group

Analysts say they need to see tangible improvement.

Rebecca Howard 19 Nov 2025
HelloFresh profit plunges 84% as revenue drops amid customer fallout
Retail

HelloFresh profit plunges 84% as revenue drops amid customer fallout

Meal kit provider HelloFresh New Zealand has reported a steep decline in profit and revenue in 2024, as the business faces continually shrinking results post-pandemic.HelloFresh reported revenue of $117.8 million in the 12 months to Dec 31, 2024, a drop of 18.8% or $27.3m from $1...

Staff reporters 17 Nov 2025