A commitment that can start tomorrow

A commitment that can start tomorrow

The Commerce Commission Market Study into grocery retailing has been thorough and has exceeded all my expectations in terms of the meticulous nature of the research and information gathering from the perspective of economics and competition law. It has been great to...
‘Commerce Commission has two viable choices’

‘Commerce Commission has two viable choices’

Stuff business reporter Tom Pullar-Strecker has summarised the Commerce Commission’s 7 days of online hearings in its Grocery Market Study. He writes the Commission has been left with two viable choices: attempt to clear the way for “like-for-like” competition for a...
Final comments to ComCom’s virtual conference

Final comments to ComCom’s virtual conference

I’d like to thank the Commission and the commissioners for hosting the conference in trying circumstances. I believe you’ve done an excellent job in facilitating thought-provoking discussion. I also thank all the other conference participants for sharing their...

Weak competition and high returns

The recent draft report by the Commerce Commission confirmed New Zealand’s supermarket market structure is a duopoly, that there is weak competition and that the returns are high. While there are few opportunities and competition to own a supermarket, there’s not much...