NZCC market study of the NZ retail grocery sector
The New Zealand Competition Commission (NZCC) today published a study undertaken by Frontier Economics. Our study is entitled Economic analysis of the New Zealand Retail Grocery Sector. The study was commissioned by the NZCC as an input into its market study of the New Zealand Retail Grocery Sector.
The econometric analysis consisted of two parts. The first was a cross-sectional study examining the extent to which differences in concentration in local grocery markets is associated with differences in prices charged by the supermarkets. The second was a time-series study examining the extent to which entry, exit and rebranding in local grocery markets is associated with changes in prices charged by the incumbent supermarkets.
The NZCC is seeking submissions on its draft report Market study into the retail grocery sector.
Frontier Economics undertakes econometric analysis across a range of markets for our clients.