The European Parliament has called for the EU to prevent food retailers grabbing market share by selling food products below cost price.
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.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData