The Commerce Commission is taking Foodstuffs North Island and its subsidiary Gilmours Wholesale to court, citing what it labels 'cartel conduct'.

The regulator has alleged that the retailers pressured a supplier into an agreement to redirect supply through them.

Competition lawyer Andy Matthews says it's all allegations at this stage, but New Zealand has very 'broad' cartel laws.

"What it means is - pretty much any agreement with an actual or potential competitor probably has a cartel provision. And it's up to the party who's entered into the alleged cartel provision to demonstrate an exception that the Commerce Act applies."

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The Commerce Commission is taking Foodstuffs North Island and its subsidiary Gilmours Wholesale to court, citing what it labels 'cartel conduct'.
The regulator has alleged that the retailers pressured a supplier into an agreement to redirect supply through them.
Competition lawyer Andy Matthews says it's all allegations at this stage, but New Zealand has very 'broad' cartel laws.
"What it means is - pretty much any agreement with an actual or potential competitor probably has a cartel provision. And it's up to the party who's entered into the alleged cartel provision to demonstrate an exception that the Commerce Act applies."
LISTEN ABOVE

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Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

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Andy Matthews: competition lawyer on the Commerce Commission taking Foodstuffs North Island and Gilmours Wholesale to court

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/7d3046d3-5be3-478c-ae26-b31b00804bf6/transcript