Foodstuffs North Island fined $3.25m for blocking competitors in Newtown and Petone

News from Commerce Commission The Wellington High Court has penalised Foodstuffs North Island $3.25 million for lodging anti-competitive land covenants with the purpose of blocking competitors. In handing down his judgment today, Justice Radich described the conduct as “deliberate” and “serious”. He said it reflected a deliberate effort to hinder rivals from opening new supermarkets […]