- Government plans structural separation of Foodstuffs.
- The Commerce Commission initiated a compulsory carve up review concerning Foodstuffs.
Commerce Commission studies potential structural separation of Foodstuffs
What happened
The Commerce Commission is studying the potential structural separation of Foodstuffs. This study follows National's proposal for a Commerce Commission review into Foodstuffs' structural separation.
From scoop.co.nz
Why it matters
The Commerce Commission is conducting a compulsory review of Foodstuffs regarding potential market concentration and structural breakup. Separately, the government is planning the structural separation and potential nationalization of Foodstuffs.
The Commerce Commission initiated a compulsory carve up review concerning Foodstuffs, and the government plans structural separation of Foodstuffs.
From scoop.co.nz
Who's involved
- Commerce CommissionConducting the compulsory review and study into Foodstuffs' potential separation.
- FoodstuffsThe grocery and liquor retailer cooperative subject to the structural separation review.
- governmentPlanning the structural separation and potential nationalization of Foodstuffs.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- FoodstuffsSpeculative
Potential structural separation could affect the core business model and revenue of Foodstuffs.
Keep exploring
The entities involved
-
Commerce Commission
NZ government agency
Nothing else this week.
-
Foodstuffs
New Zealand grocery and liquor retailers cooperative
- Parliament proposed legislation to split Foodstuffs into two co-operatives as part of efforts to break up the NZ grocery duopoly and lower prices.
- 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.