Story perspectives
Nicola Willis Proposes Splitting Foodstuffs to Boost Competition
By Drooid · · How we work
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Story summary
- National Party proposes splitting Foodstuffs co-operative into two firms to boost competition.
- Finance spokeswoman Nicola Willis says the split would force New World and Pak’nSave to compete on prices.
- Commerce Commission must approve the split after previously ruling the co-ops did not genuinely compete.
- Sense Partners estimates the split could save households $3.85-$25.38 per week by 2035.
- Four Square St Heliers, Pak’nSave Hastings and New World Masterton claim the split would raise grocery prices.
