Podcasts Other The Mike Hosking Breakfast Jimmy Ormsby: Waitomo Group Owner says competition is behind fuel price disparities

Jimmy Ormsby: Waitomo Group Owner says competition is behind fuel price disparities

Published: Sept. 6, 2023, 9:24 p.m.

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One of New Zealand\'s smallest fuel companies is pointing to competition as an explanation for price disparities. \\xa0

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The Commerce Commission has asked fuel companies to explain why significant differences exist within cities and between regions. \\xa0

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Waitomo Group Owner Jimmy Ormsby says some pricing in the market is hard to justify. \\xa0

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He told Mike Hosking that he doesn\'t expect the disparity to last long. \\xa0

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Ormsby says some markets are too competitive and that won\'t last, while others don\'t have enough competition and will be forced to by regulators.\\xa0

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