High milk prices? Well, now we know why…
I guess this explains why milk, other dairy products, tomatoes, etc, are so expensive.
And the Minister for Agriculture, David Carter, can save taxpayers the expense of a Parliamentary inquiry into why milk is so expensive here in NZ…
I guess it wasn’t such a bright idea to allow supermarkets to buy each other up, until we had only two, nation-wide chains remaining. Duopolies are not noted for promoting competition and keeping prices down.
New Zealand’s supermarket duopoly:
Chalk up yet another cock-up for the free market, unregulated economy?
I think so.
+++ Updates +++
Parliament’s Commerce Select Committee inquiry into milk prices gets under way,
For a better New Zealand…
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- Radio NZ: Politics with Matthew Hooton and Mike Williams – 9 December 2013
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