
NZ First makes campaign promise to break up supermarket duopoly
New Zealand First's made a campaign promise to break up the country's supermarket duopoly in a bid to lower grocery prices. It said Woolworths and Foodstuffs dominate more than 80 percent of the market, driving up costs and squeezing suppliers. The party's plan is to split Foodstuffs into two competing cooperatives and ramp up enforcement powers and fines. Earlier this month, Harvest Market, a new independent grocery store opened in East Christchurch. Owner Elliott Booth spoke to Lisa Owen.
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