Foodstuffs to appeal ComCom’s merger rejection

Supermarket wholesale giants insist merging North and South Island operations would deliver lower prices for consumers.

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The Foodstuffs supermarket groups in the North and South Islands say they will appeal the Commerce Commission’s decision to decline clearance for their merger. The two Foodstuffs businesses operate as co-operative buyers and wholesalers for Pak’nSave, New World and Four Square supermarkets in.