Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Small-Fry Grocery Pricing Investigation Won’t Stop Spiralling Food Prices

Responding to a Commerce Commission investigation into promotions and pricing in the grocery sector, Taxpayers’ Union Policy Adviser, James Ross, said:

“Unclear pricing at grocery chains is of course an issue, but it is small fry compared to the anti-competitive regulations which allow grocery chains to charge extortionate prices for the things households can’t go without.

“Overregulation allows for the grocery duopoly to engage in cartel-like price setting unchallenged, leading to bumper profits for the fat cats at Foodstuffs and Woolworths, and spiralling shopping bills for the rest of us.

“Effective bans on foreign investment and overly restrictive resource management rules under the RMA mean that this isn’t going to change anytime soon, no matter how many trivial changes the Commerce Commission kindly suggests.

“Rather than picking around the edges of the grocery duopoly, the Government must spend its time implementing the sweeping reforms needed to end the stranglehold the big two grocery chains have over struggling Kiwi families.”

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 
 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.