MBIE consulted on an exposure draft of the Consumer Information Standards (Unit Pricing for Grocery Products) Regulations 2023. These draft regulations intend to help consumers compare grocery prices more easily by requiring the consistent display of unit pricing in New Zealand’s major grocery retailers.
In February 2020, the Government announced its decision to introduce changes to improve competition in the retail fuel market. These changes have been implemented.
A market study helps determine whether there are any factors that may be impeding competition in a market or markets for goods or services. Market studies focus on the structure and behaviour of the market itself, not the actions of any specific company.
The Commerce Amendment Act 2018 amended the Commerce Act 1986 (the Commerce Act) to give the Commerce Commission the ability to undertake market studies to determine whether there are any factors that may be impeding competition in a market.
The Ministry of Business, Innovation and Employment is seeking submissions on options to reduce merchant service fees. The outcome of this consultation will be used to advise the Government on the approach to regulating merchant service fees.
On 5 August 2020, the Ministry of Business, Innovation and Employment released a discussion document titled Options for establishing a consumer data right in New Zealand.
We provide advice on the Commerce Act and the application of competition policy to specific sectors. We’re also the monitoring agency for the Commerce Commission.