Grocery retailer doubts lower prices will follow rejig
Morning Report
English - August 24, 2022 19:20 - 4 minutes - 4.07 MB - ★★★★ - 11 ratingsNews Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Online groceries retailer Supie doubts that the Government's move to force the country's supermarket duopoly to open to competitors will lead to lower prices.
The Government has told Foodstuffs and Countdown they must loosen their grip on the grocery sector and let other retailers into the wholesale market that they currently dominate.
It's also warned that if this doesn't happen, they'll be forced to sell goods at fairer prices, set by the incoming Grocery Commissioner.
Supie founder Sarah Balle spoke to Susie Ferguson.