Articles tagged Countdown

Finance Minister Bill English is keen to look at reform of Section 36 of the Commerce Act, agreeing with the early recommendations of the Productivity Commission and Commerce Commission that reform is needed to increase competition in the services sector in particular.

For the convenience of email subscribers, here's my full Herald on Sunday column, in which I doubt any of Countdown's behaviour will be prosecuted and the ugliness revealed in Shane Jones' allegation is a reflection of the Wal-Martisation of our supermarket industry.

Shane Jones ramped up his attack on the 'Countdown Shakedown' under parliamentary privilege on Wednesday, zeroing in on an Australian manager working for Progressive in New Zealand, although he stopped short of naming him.

Labour has renewed its push to reform Section 36 of the Commerce Act so the Commerce Commission can prosecute firms using their market power to stifle competition.

The Food and Grocery Council (FGC) has added weight to Labour MP Shane Jones' accusation yesterday under parliamentary privilege that Countdown threatened to pull suppliers' products from their shelves unless they paid backdated cheques to compensate for lost profits.