Imperfect competition means high prices, low wages
Economy Matters: New Zealand is plagued with pricing problems.
John McDermott
Tue, 20 Jul 2021
Late last year, the Commerce Commission announced it would start a year-long inquiry into price gouging by the two major supermarket chains, Foodstuffs (owners of New World, Pak’nSave and Four Square) and Woolworths (owners of Countdown, SuperValue and FreshChoice).
In 2017, the Ministry of
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John McDermott
Tue, 20 Jul 2021
Contact the Writer: john.mcdermott@motu.org.nz
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Imperfect competition means high prices, low wages
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