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Business breakups may be needed to bolster New Zealand supermarket competition, report suggests

By Laurel Henning ( July 28, 2021, 23:06 GMT | Insight) -- New Zealand supermarket operators including Woolworths New Zealand and Foodstuffs could face calls from the country’s competition regulator for measures to separate their wholesale and retail businesses, according to a draft report from the watchdog published today. Anna Rawlings, the head of the New Zealand Commerce Commission, said on publishing the draft report on the regulator’s ongoing market study that the business breakups would be a last resort, if other recommendations put forward by the regulator proved unfeasible. New Zealand supermarket operators including Woolworths New Zealand and Foodstuffs could face calls from the country’s competition regulator for measures to separate their wholesale and retail businesses, according to a draft report from the watchdog published today....

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