Foodstuffs considers appealing Commerce Commission's rejection of merging NZ grocery divisions.
Foodstuffs, a grocery cooperative in New Zealand with over 500 stores, is contemplating an appeal against the Commerce Commission's decision to block its merger of the North Island and South Island divisions. The cooperative argues that the merger would enhance efficiency, lower prices, and strengthen competition against new entrants. They have 20 working days to decide on an appeal after reviewing the Commission's reasoning for the rejection.
October 23, 2024
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