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New Zealand to introduce laws to speed up approval of new supermarkets

SYDNEY – New Zealand said on Wednesday it would introduce laws in November to fast track the approval process for new supermarkets in a bid to boost competition and bring in lower prices. Finance Minister Nicola Willis said her center-right government’s proposed rules will speed up and simplify the process to open or expand supermarkets in the country. “We’re creating an express lane for new supermarkets to boost competition and deliver better deals for Kiwi...