Latest / Early Edition with Ryan Bridge
Ryan Bridge: Are supermarket sales really sales?
The Commerce Commission reckons we need fewer items 'on sale' at the supermarket.
That would mean less yoghurt on special at $4.99, fewer $1.99 chocolate bars at the checkout, and just less price yo-yo-ing in general.
This is counterintuitive. The job of Commerce Commission, through the Grocery Commissioner, is meant to score us cheaper prices and boost competition, right?
So, what the hell is going on here?
This morning, they announced they want to change the rules around what the supermarkets can charge suppliers.
Foodstuffs and Woolworths purchase $15 billion of goods from suppliers each…
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