Chris Quin: Foodstuffs North Island CEO on the Government's plans to tackle the supermarket duopoly
The Government this morning laid out it's intentions to tackle New Zealand's two-horse supermarket race. Economic Growth and Finance Minister Nicola Willis says the Government has the power to make the market more attractive and encourage a third player. They’re planning to remove regulations discouraging other supermarkets competing. Foodstuffs North Island CEO Chris Quin told Kerre Woodham that it’s not a surprise. He says competition is good for the supermarket sector, and the actions they took were always with the assumption that new competition could come at any time. LISTEN ABOVE See omnystudio.com/listener for privacy information.