Matthew Lane: Night 'n Day General Manager says supermarket duopoly is to blame for rising food prices episode artwork

EPISODE · Apr 13, 2022 · 2 MIN

Matthew Lane: Night 'n Day General Manager says supermarket duopoly is to blame for rising food prices

from Best of Business · host Newstalk ZB

The supermarket duopoly is copping blame for the highest food price rise in more than a decade.   Latest figures show food prices jumped 7.6 percent in a year - with fruit and veggie prices rising 18 percent.   The Consumer Affairs Minister says it highlights the grocery sector's role in driving up prices.  Night 'n Day General Manager Matthew Lane told Mike Hosking it's hard for smaller players to break that duopoly. He says when someone captures 85 percent or more of the market - it doesn't leave sufficient scale to compete on those levels. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Episode metadata supplied by the publisher feed · Published Apr 13, 2022

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The supermarket duopoly is copping blame for the highest food price rise in more than a decade. Latest figures show food prices jumped 7.6 percent in a year - with fruit and veggie prices rising 18 percent. The Consumer Affairs Minister says it...

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Matthew Lane: Night 'n Day General Manager says supermarket duopoly is to blame for rising food prices

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