Supermarket inquiry hits impasse on divestment options

Grocery Council head Katherine Rich says it's the lack of supermarket competition that is "outrageous". (Image: Supplied)

Pattrick Smellie

Mon, 01 Nov 2021

Supermarket owners have stonewalled the Commerce Commission’s attempts to get them to advise on their own dismemberment while their critics failed to land many punches in the most contentious day of grocery market competition hearings so far.Monday morning’s hearings sought advice from both the major supermarket chain owners – Foodstuffs and Woolworths NZ – on how best to approach the separation of their wholesale and retail businesses, and the best approach to compulsory divestment of assets, if such an outcome were man...

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