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Why The Public Is Captured With The ‘Parent-Child’ Business Relationships In New Zealand
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Business.Scoop
“Mr Luxon told small business owners to stop looking to government and to be ‘adult, adult, adult’,” said Tex Edwards, Research Director of Monopoly Watch NZ.
The real crunch: small suppliers, big rebatesSmall and micro businesses make up roughly 97 percent of all New Zealand enterprises.
That is a textbook parent-child relationship, and it exists because the law does not give small suppliers the leverage to resist it.
“Small business isn’t asking government to be a parent.
About Monopoly Watch New Zealand:Monopoly Watch New Zealand is an independent, Wellington-based research organisation focused on competition failure, regulatory capture and market structure in capital-intensive New Zealand industries.