Commerce Commission takes High Court action against Foodstuffs for anti-competitive practices – RNZ 19 June 2024

Summarised by Centrist 

The Commerce Commission has initiated High Court proceedings against Foodstuffs North Island, accusing the supermarket operator of using anti-competitive land covenants to block rivals. These covenants, lodged before Foodstuffs Wellington merged with Foodstuffs Auckland in 2013, allegedly hindered competitor supermarkets. Although Foodstuffs has since lifted these covenants and cooperated with the investigation, the Commission views the historical actions as serious violations impacting Kiwi consumers.

Read more over at RNZ

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