Food prices are being pinned on supermarkets as their fault, yet in the year from March 2021 to March 2022, food prices increased by 6.7 percent. The Government's go-to excuse is to blame the greedy supermarkets. Though ACT agrees that New Zealand needs competition—and where there's a market failure, we will intervene—Countdown and New World are not to blame for the food price explosion. The Commerce Commission report on the sector found that excess profits—and I'd really like to clear this up—which gets the blame for the legislation and sort of moral virtue of this rejig, were at almost $86 per New Zealander. Now, that's less than 2 percent of the average New Zealander's annual grocery spend. So between March 2021 and March 2022 alone, prices have increased by $282 per person, and even if the Government wants to focus on supermarket profitability, they've no one to blame but themselves.