The Commerce Commission plans to take Foodstuffs North Island and Gilmours to court over alleged cartel conduct and breaches of the Grocery Industry Competition Act.
The two grocery giants are accused of obstructing a national supplier’s direct trading relationship with a hospitality customer, instead persuading the supplier to channel business through them.
The Commission says this behaviour undermines competition, potentially leads to higher prices, and violates obligations under the Grocery Supply Code.
Officials warned they won’t tolerate anti-competitive practices and urged suppliers to report misconduct, assuring protection for whistleblowers.
Image credit: Getty Images
The Commerce Commission elite do not go grocery shopping, otherwise they would know what we peons know since …well, since supermarkets exist.
The duopoli has bankrupted many great grocers and corrupted many profiteering politicians.
Support your locals.
Ive found Chinese supermarkets and some paknsaves are much cheaper, but its still a rort. Go to new world and countdown and u get ripped off for sure.
28 bucks at the checkout the other day for 3 relatively common household items. What the f××× is luxon doing
bending over while being yanked at the chain
Face it, prices are not going to come down, most people will get yearly pay rises of 2% but the Govt directs the Reserve Bank to maintain inflation at 2-3% so if anything, we will go backwards.
The only way to get prices down is to raise the value of our currency to do that, we need to pay down our debt that the Ardern regime left us with but this Govt is still spending like its 2019 and running a deficit; they don’t give a f*** about us.
This is exactly what Trump is doing with his tariffs targeting BRICS countries – that they can’t directly trade among themselves without the US dollar. Just the same as the NZ supplier establishing a direct trading relationship with hospitality customer instead of chanelling the business through Foodstuffs/Gilmours. It’s a shocking heresy against the religion of colonial monopoly aka mafia hegemony.
Any Indians involved?