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Chris Quin: Foodstuffs North Island CEO on the Government's plans to tackle the supermarket duopoly
Published 1 year, 4 months ago
Description
The Government this morning laid out it's intentions to tackle New Zealand's two-horse supermarket race.
Economic Growth and Finance Minister Nicola Willis says the Government has the power to make the market more attractive and encourage a third player.
They’re planning to remove regulations discouraging other supermarkets competing.
Foodstuffs North Island CEO Chris Quin told Kerre Woodham that it’s not a surprise.
He says competition is good for the supermarket sector, and the actions they took were always with the assumption that new competition could come at any time.
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