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New Zealand minister plans to boost competition by introducing a third major supermarket.
New Zealand's Minister of Economic Growth, Nicola Willis, wants to introduce a third major supermarket retailer to increase competition and potentially lower grocery prices.
Currently, the market is dominated by Woolworths and Foodstuffs.
Willis plans to ease regulatory barriers and assist potential new entrants with land and capital access.
Despite not committing to specific changes, she emphasized her willingness to provide special support to new competitors, aiming to benefit New Zealand shoppers.
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El ministro neozelandés planea impulsar la competencia introduciendo un tercer supermercado importante.