Kiwis are constantly wondering why their groceries are so expensive.
The Green Party is the latest to promise a fix in the way of a members bill aimed at banning price gouging by the supermarket duopoly, which has a whopping 82% market share.
New rules would aim to prohibit supermarkets from charging prices that are excessive when compared to the cost of supplying groceries.
Breaches could see a company fined up to $10 million or 10% of turnover.
But, what constitutes “excessive”? And how would it be policed?
Today on The Front Page, Green Party co-leader Chlöe Swarbrick is with us to tell us how it would work.
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You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Chelsea Daniels
Editor/Producer: Richard Martin
Producer: Jane Yee

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