Another slap over the wrist with a limp celery by the spineless Commerce Commission who refuse to break up this disgusting Supermarket duopoly…
Woolworths and Foodstuffs under investigation by Commerce Commission
The Commerce Commission has launched investigations into the country’s two big supermarket chains.
The commission has confirmed it is looking at Woolworths and Foodstuffs, which operates New World, Pak’nSave and Four Square.
The watchdog said the focus of the investigations, which were in the early stages, was to consider whether certain pricing and promotional practices of the supermarkets comply with the Fair Trading Act.
After the commission released findings of its market study of the sector, an industry regulator, a mandatory code of conduct, compulsory unit pricing and other measures were introduced in an effort to rein in the supermarket duopoly.
…blah blah blah.
They had the chance right at the beginning to force market separation and allow a 3rd player in, they gutlessly and infamously caved on that and instead set up a meaningless nothing to force the big players to sell to smaller retailers which has done sweets fuck all.
During that time, Countdown has dumped its corrupted brand and purposely down sold their value to avoid looking so greedy and the other lot have set up mass surveillance in their fucking Supermarkets!
This Supermarket Duopoly doesn’t give a fuck about the gutless Commerce Commission!
The Commerce commission should break up the duopoly, enter into a deal with Iwi to stock a new chain of Government/Iwi Supermarkets that champion local produce at better prices for the consumer and better worker conditions.
We need a kiwi subsidy on all local produce to recognize that producers have already used water and created local climate changing gases to create their product and as such consumers have already paid a price just to get the product to their table.
We should feed the 5million here first before boasting about feeding 40million world wide!
Calls to ‘feed the 5 million first’ before exporting NZ food
People are going hungry even though New Zealand produces enough food to feed 40 million – and it’s spurring calls for the country to “feed the five million first”.
Almost 40 percent of New Zealand households experience food insecurity, while 19 percent of children live in households that experience food insecurity.
Poverty researcher Dr Rebekah Graham said while working on her thesis on food insecurity, she interviewed a woman who walked for 90 minutes each day to get a free community meal.
A state owned 3rd supermarket chain would do more for providing a cheaper means of living to all kiwis who have food security issues. It would do more for welfare than any single PM since Savage.
What will we get? More lip service about competition while 600 000 need to use a food bank each month.
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“The Commerce commission should break up the duopoly, enter into a deal with Iwi to stock a new chain of Government/Iwi Supermarkets that champion local produce at better prices for the consumer and better worker conditions.”
Would be great for Kiwis but that will never happen while National and especially Labour follow neoliberal orthodox economics.
When has the State run anything profitably .Public servants are great at spending other people’s money not so good at making it see railways as an example.