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Lisa M. Katerina Asher, Retail Expert, PhD Candidate & Sessional Academic, University of Sydney

The Foodstuffs merger is dead – but that still won’t fix NZ’s over-concentrated supermarket sector

Foodstuffs Foodstuffs South Island Foodstuffs North Island New Zealand the Commerce Commission Albertsons Kroger Commerce Commission North Island PaknSave

Two of the dominant players in New Zealand’s supermarket sector – Foodstuffs North Island and Foodstuffs South Island – have failed in their quest to officially join forces.

In a decision announced yesterday, the Commerce Commission declined to green-light the merger between the two cooperatives. The watchdog said it was not satisfied the move wouldn’t result in reducing competition in the New Zealand grocery sector.

But it needs to go further.

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