- A proposal was made on September 1st regarding publicly owned chains, must-buy stores, and distribution centers, involving KiwiMart, Woolworths, Foodstuffs, and the Green Party.
- The NZ grocery market duopoly is driving up prices and limiting consumer choice, prompting calls for a government-owned competitor.
Parliament proposed legislation to split Foodstuffs into two co-operatives as part of efforts to break up the NZ grocery duopoly and lower prices.
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What happened
Parliament proposed legislation to split Foodstuffs into two co-operatives as part of efforts to break up the NZ grocery duopoly and lower prices.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Legislative bodies are driving policy changes to dismantle the duopoly involving Foodstuffs.1 source
- Labour plans to require Foodstuffs and Woolworths to separate wholesale and retail operations in New Zealand.Sub-event
Legislation proposed to split Foodstuffs to break up the NZ grocery duopoly.1 source
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The entities involved
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parliament
legislative body of government
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Foodstuffs
New Zealand grocery and liquor retailers cooperative
Related events
- ACT opposes Foodstuffs split proposal.
- Parliament created Fonterra as a dairy co-operative, while Lactalis's market position was noted as a turning point.
- Foodstuffs is utilizing loyalty programs in New Zealand, while Woolworths operates there, and dynamic pricing is becoming common in Europe.
- Greens proposed structural changes to commercial rental markets, while Labour proposed business splits to aid small grocers.