2min chapter

When the Facts Change cover image

Unpacking our supermarkets’ superprofits

When the Facts Change

CHAPTER

New Zealand's Biggest Regulator Mistake

I've described it as a slow moving train wreck, because things just happen over time. We three to two was a big mistake, but I think we had better competition when there were four or five. If you're looking at a country the size of New Zealand, there are good examples like Denmark and Ireland where they have seven or eight grocery operators. And that's when you'll really start to see proper competition with grocery prices coming down for consumers.

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