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2 Jul 2022 7:48
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  •   Home > News > Business

    It's hoped more competition will come about following the Government's war with the supermarket duopoly

    It's hoped more competition will come about following the Government's war with the supermarket duopoly

    20 May 2022
    Urgent legislation has been passed to stop Countdown and Foodstuffs blocking competitors accessing land.

    Commerce and Consumer Affairs Minister David Clark says it stops them from engaging in anti-competitive land wars.

    Supermarket Commentator Nick Hogendijk says we might see some stimulus provided a new entrant comes into the market.

    He hopes those at The Warehouse Group step up and get support from the Government to accelerate their path into the market ... as they have about 90 stores ready to go.

    © 2022 Newstalk ZB, NZCity


     Other Business News
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     01 Jul: The Reserve Bank has offered a window into the future of building wealth through home ownership
     01 Jul: A new One Roof report suggests the house price gains of 2021 are being wiped out
     30 Jun: A 33-year-old man has been airlifted off a commercial fishing boat off the coast of Christchurch, suffering serious to moderate injuries
     30 Jun: A South Island farmer says sectors only advance by bringing in changes - that are ideally better
     30 Jun: An extra 30-dollars in the pocket this September for Auckland electricity account holders
     30 Jun: A matter of time before small businesses further contribute to inflation
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     Today's News

    Politics:
    Sanna Marin has defied Vladimir Putin in joining NATO. It could be Finland's 'most important moment' 7:29

    Law and Order:
    Two men are due to appear in the Whakatane District Court today charged with murder 7:29

    Entertainment:
    Travis Barker's stepdaughter has thanked fans for their "love and prayers" amid his hospitalisation 7:21

    Business:
    Fears more New Zealand cheeses could be in the firing line of a European Union trade deal 7:19

    Accident and Emergency:
    Bay of Plenty police are searching for the driver of a ute involved in a crash overnight 7:09

    Rugby:
    The upsets have continued in the women's draw at Wimbledon 7:09

    Entertainment:
    James Bond is being "reinvented" and the next movie is "at least two years away" from filming 6:51

    Entertainment:
    Jaime Winstone has confirmed her engagement 6:21

    International:
    Xi Jinping leaves mainland China for the first time in years as Hong Kong marks the halfway point for 'One Country, Two Systems' 4:29

    Entertainment:
    Kid Cudi is praying for Travis Barker amid the drummer's apparent pancreatitis diagnosis 21:51


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