Breaking news: Government to appoint Grocery Commissioner, code of conduct consultation paper released
We’re welcoming the announcement, which sends a clear message to the supermarkets that they can’t keep making super profits at the expense of struggling consumers.
However, it’s crucial to get the detail of the Grocery Industry Competition Bill (which sets the powers of the regulator) and the mandatory code of conduct right. We’ll keep pushing the Government to ensure they deliver for consumers and suppliers.
Excess profits mean you pay more than you should at the checkout.
New Zealanders deserve better but the Commerce Commission’s recommendations don’t go far enough.
We need more competition to drive down prices and give consumers better choices.