Food prices debated amid concerns over supermarket domination

Published: 24 March 2009 y., Tuesday

Bulvės
Monday evening sees MEPs consider the emotive subject of food prices in Europe. In particular the focus will be on the role of large supermarkets and the amount they pay farmers. At present shoppers can pay up to 5 times the cost of some items of food compared to the price at the farm gate. In the late 1950's farmers received half the retail price of food - this has now slumped to 7% in the UK and 18% in France.

The report says that large retailers can sometimes abuse their position and distort competition to the detriment of shopper and farmers alike. In particular they are concerned about the effect of supermarket price wars on farm wages. It also notes the fact that many dare not complain for fear the supermarket will buy goods elsewhere.
 
Selling food at below cost price a concern
 
The report by Greek Socialist Katerina Batzeli for Parliament's Agriculture Committee calls for a Europe-wide investigation into retail prices, a database of food prices to be set up to allow comparison and a telephone hotline for consumers and farmer's so that report instances of abuse of the pricing system. It comes in response to the Commission Communication entitled Food prices in Europe.
 
In the UK a report in 2006 noted that the four largest retailers controlled almost three quarters of the entire grocery market.
 
In addition the Batzeli report identifies concerns about the number of small businesses that are being driven out of business by larger retailers. One of the practices used and deplored in the report is the practice of selling goods at below cost prices. The report also raises concerns about the increasing amount of speculation on the price of food.
 

Šaltinis: europarl.europa.eu
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Central Government Debt in January

According to the data presented by the Ministry of Finance, in end-January central government debt made up LTL26, 310.8 million or 28% of projected GDP for 2010 (LTL 93, 819 million). more »

China crisis getting worse

As far as countries affected by the economic crisis, China fared extremely well. more »

State aid: Commission authorises temporary Slovak scheme to grant limited amounts of aid of up to €15,000 to farmers

The European Commission has authorised today a Slovak scheme with a budget of approximately €3.32 million which aims at supporting farmers in Slovakia who encounter difficulties as a result of the current economic crisis. more »

Europe 2020: Commission proposes new economic strategy

Commission sets out a 10-year strategy for reviving the European economy, casting a vision of ‘smart, sustainable, inclusive' growth rooted in greater coordination of national and European policy. more »

Europe 2020: Commission proposes new economic strategy in Europe

The European Commission has launched today the Europe 2020 Strategy to go out of the crisis and prepare EU economy for the next decade. The Commission identifies three key drivers for growth, to be implemented through concrete actions at EU and national levels. more »

EU Aid Programme for Turkish Cypriot Community

Launching of the “SCHOOLS’ initiative for innovation and changes” Grant scheme. more »

Transaction tax and debt moratorium needed to meet development needs, say MEPs

EU Member States must not only deliver on their international aid pledges, but also bring in a financial transactions tax and a temporary debt moratorium, to help developing countries to cope with the effects of the global financial and economic crisis, said the Development Committee on Monday. more »

EBRD offers new funds to promote sustainable energy investments in Slovakia

The EBRD is increasing its commitments to promote sustainable energy projects in Slovakia with a new €90 million funding under the existing Slovakia Sustainable Energy Finance Facility (SLOVSEFF) to ensure continuous implementation of energy efficiency and small renewable energy projects. more »

During 2009 Bank SNORAS earned LTL 8.7 million profit

According to the unaudited data, in 2009 AB Bank SNORAS earned LTL 8.7 million profit. The bank’s assets grew by 11 per cent up to LTL 6.342 billion during 2009 and were by LTL 647.8 million larger than at the beginning of 2009. more »

Airport charges: security is Member States' responsibility, say MEPs

Aviation security measures that go beyond common EU requirements should be paid for by Member States, not by passengers, said Transport Committee MEPs in a vote on Monday that could put Parliament on a collision course with the Council of Ministers. more »