New Zealand watchdog flags 'substantive, potentially systemic' supermarket concerns
New Zealand's Commerce Commission has concluded that supermarket competition remains weak in pricing, range and access. The watchdog described the concerns as 'substantive, potentially systemic'. The findings could reignite debate over consumer grocery prices.
New Zealand's Commerce Commission said it has concluded that competition in the country's supermarket sector remains inadequate in terms of pricing, range and access. The watchdog described the concerns it identified as 'substantive, potentially systemic'.
The assessment highlights the price pressure facing consumers in a market shaped by a small number of large players. Weak competition can weigh on household grocery spending across the country.
The findings keep the prospect of new measures on the agenda for the government and regulators. Observers will watch whether the commission's assessment lays the groundwork for possible regulatory steps to strengthen competition in the sector.
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