The European Parliament has called for the EU to prevent food retailers grabbing market share by selling food products below cost price.
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A report approved today (26 March) by MEPs said that a European Commission survey on food prices in Europe “fails to include the abuse of the dominant position observed at the retail stage”.
Branding the big retailers “anti-competitive” when selling goods below cost, the parliament’s report said in the long term this would damage food consumers, producers and manufacturers:
“MEPs are calling for European-level action to be taken”, it concluded.
In particular, MEPs want the Commission to create an accessible Europe-wide database on food costs.
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By GlobalData
