Mediawatch Duopoly apathy, ad income slump, local paper paper row
Apr 5, 2025
In this insightful discussion, Brad Olson, Chief Executive and Principal Economist at Infometrics NZ, shares his expertise on the persistent grocery duopoly that dominates the market. Dilipa Fonseca, Senior Correspondent at Business Desk, sheds light on the government's challenging efforts to reform supermarket deals for Kiwis amidst public doubt. They also tackle the slump in media ad income as revenue shifts to digital giants, revealing the struggles that local papers face and the urgent need for a reevaluation of media funding.
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Duopoly Apathy
- The government claims change is coming to the supermarket duopoly.
- Many media outlets met this with apathy and skepticism.
Initial Pessimism
- Nicola Willis expressed determination to address high grocery prices.
- Tim Beveridge and some listeners expressed pessimism about achieving real change.
Complexity of the Issue
- Dilipa Fonseca explains that the complexity of the supermarket industry makes intervention difficult.
- Factors like land covenants and vertical integration contribute to this complexity.