Sunday, April 19, 2026

NZ First targets supermarket duopoly

Supermarkets targeted by NZ First

Winston Peters has unveiled a New Zealand First election policy aimed at breaking up the country’s dominant supermarket duopoly, promising lower food prices and fairer conditions for suppliers.

In a campaign announcement, Peters said the plan would dismantle the market dominance of major grocery chains, arguing that more than 80 percent of the sector is controlled by two players, leaving consumers facing rising costs. He pointed to findings from the Commerce Commission that supermarkets have generated significant excess profits, while families struggle with increasing grocery bills.

Under the proposal New Zealand First would legislate to split Foodstuffs into two nationwide cooperatives based on brand, creating direct competition alongside Woolworths New Zealand. Peters said the move would drive down prices, improve value, and ensure suppliers are treated more fairly.



The policy also includes stronger enforcement powers for regulators, with increased penalties for anti-competitive behaviour and reforms to the Groceries Commissioner role to allow binding decisions and direct penalties. Additional measures would target supply chain control, aiming to ensure smaller producers are not locked out of supermarket shelves.

Peters said the changes were needed to end what he described as a lack of accountability in the sector and to deliver meaningful relief for households facing high food costs.

Image credit: Markus Spiske

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4 COMMENTS

  1. This might work it might also lead to lots of legal action from these duopolies. In any case a possible step in the right direction and maybe genuinely useful. Meantime the clowns in National are mulling Australia style social media (read proxy Digital ID’s) for under 16’s. According to our dear leader its a good example to “follow”. Shame “leading” and making our own decisions, as a sovereign state, with public referendums doesn’t seem to be on the agenda.

  2. Remember folks, it’s not just at election time that politicians lie. They lie all the time.
    Elections are party time for the party political system. They’ll roll out the B.S. is massive dollops, smooze the public, do whatever it takes to appear popular and make mirage like promises to garner support, and then when the election is over it’s back to party politics, the formulaic mass-debating at parliament and backroom deals all for the benefit of the party – not the citizens (or consumers as they are labelled by the political “elite”).

  3. What about”lack of accountability” from the church parliament Mr Peters. Inflation (loss of purchasing power) Is always and everywhere a monetary phenomenon. Inflation is political, the silent tax on its citizens.It doesn’t just happen. These are choices made by government officials working hand in hand with the central bank to allow them to spend enormous quantities of money without, right now, raising taxes outright. Balls in your court Mr Peters.

  4. Foodstuffs has two separately run nationwide cooperatives now. NI and SI, I work for foodstuffs. Each cooperative has its own board, management team and suppliers. Have I misunderstood this article?

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