7 Jul 2022

Supermarket duopoly needs busting - 2Degrees founder

From Checkpoint, 5:14 pm on 7 July 2022

A monopoly-busting entrepreneur says nothing short of the forced sell off of supermarket stores owned by the two big chains will deliver true competition and cheaper groceries.

On Checkpoint on Wednesday the Consumer Affairs Minister bet his job on the government's reforms delivering a better deal for people at the checkout.

He's revealed plans for Grocery Commissioner, who will be able to issue fines and also released an draft industry code of conduct for dealing with suppliers.

But the Minister's waiting on whether the two big chains should be forced to divest assets.

Tex Edwards took on the major telcos by launching 2Degrees. He tells Lisa Owen he believes the supermarket duopoly needs to be busted up.