Photo: RNZ
The Commerce Commission says competition in the grocery sector is not working well for consumers, but has stopped short of requiring the big two players Foodstuffs and Woolworths NZ to divest some of their existing stores.
The market regulator's final study into the retail grocery sector has just been released, and reccomends making more land available for new grocery stores, by changing planning laws to free-up sites and banning the use of restrictive land covenants by competing chains.
It also reccomends improving access to the wholesale supply of groceries at competitive prices, monitoring the conduct of the major grocery retailers and the establishment of a mandatory code of conduct.
RNZ Business Editor Gyles Beckford is at the Commerce Commission.
