Competition in the grocery sector has not improved and the Commerce Commission says it’s planning to ramp up regulation and enforcement, and recommending a regime of stiff penalties.
It’s the first of the annual report into competition in the grocery sector since the appointment of Grocery Commissioner Pierre van Heerden in 2023.
Van Heerden has recently criticised supermarkets for pricing errors, saying New Zealanders were likely losing tens of millions of dollars a year.
And last month he said the Grocery Supply Code was not working properly.
In February, a new tool was launched for whistleblowers to help lift the lid on potential anti-competitive behaviour in the grocery sector.