Tex Edwards: Monopoly Watch Spokesperson on Supie folding and the sector needing a structural reset

The Mike Hosking Breakfast - A podcast by Newstalk ZB

A call to centre the discussion around breaking up the supermarket duopoly as an online grocer folds.   Supie began as a start-up in 2021, aiming to introduce competition in the supermarket industry.  Voluntary administrator PwC New Zealand estimates a debt of up to $3 million, and suspects liquidation in the coming days.   Monopoly Watch Spokesperson, Tex Edwards, told Mike Hosking that there’s a universal regret around not focusing on creating price competition, nutrition competition, and sustainability.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

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