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2 mins to read

ComCom prosecutes Foodstuffs NI over ‘anticompetitive’ covenants

Supermarket chain committed to not using such covenants, but Commerce Commission seeking court settlement.

Foodstuffs NI owns Pak'n Save, New World and Four Square supermarkets.

Will Mace Wed, 19 Jun 2024

Foodstuffs North Island’s use of land covenants to prevent competitors from opening stores near its own has provoked the Commerce Commission into filing legal proceedings through the Wellington High Court.

The regulator said this morning it had filed proceedings against the supermarket company

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Will Mace Wed, 19 Jun 2024
Contact the Writer: william@nbr.co.nz
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ComCom prosecutes Foodstuffs NI over ‘anticompetitive’ covenants
Law,
104553
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