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18 Feb 2025 21:42
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  •   Home > News > Politics

    A grocery commentator says the markup on food products reveals the power supermarket giants have over shoppers

    A grocery commentator says the markup on food products reveals the power supermarket giants have over shoppers


    The Commerce Commission's first annual grocery report says supermarkets had up to 20-percent margins on basic products like milk, bread and eggs.

    For chilled and frozen goods, snacks and liquor, it was more than 13-percent.

    Ernie Newman says its an indication of market failure and requires intervention.

    He says it will take political will to force a break up, and change the market back to operating competitively.

    © 2025 Newstalk ZB, NZCity

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