France Inter's Marc Fesneau, Agriculture Minister, stated that large retailers still have the ability to take action to reduce food prices. But, we find that mass distribution is at only 21% in most cases, so large retailers have margins and the ability to make sure that they carry some effort.
The State is responsible for a portion of the inflation effort. French taxes pay for the purchasing power and other measures, as well as food. Everybody has to play their part. However, this cannot be done at the expense of looking back over the decades, when it was always the farmer, the producer, who couldn’t find his margin.
The 2018 Food or "Egalim” law, which was passed to support farmers and stop the race for low-priced goods, capped promotions at 34%
This week, Bruno Le Maire, Minister of Economy, announced that the General Inspectorate of Finance would send a team to enforce this law. It requires distributors to sell products with a minimum margin of 10%. .
Bruno Le Maire suggested that producers should be aware of the potential for the devices to not benefit them and offered discounts up to 50% on those who already have the devices. You will need
Christiane Lambert, president and chief executive of the majority agricultural union FNSEA says that a food voucher is not the right solution. She also calls for greater transparency on both the distributor and industrial sides.
"Does this law actually work?" Marc Fesneau said that there are instances when the promotion mechanism is not properly implemented.
Michel-Edouard Leclerc was the president of the E. Leclerc strategic committee. He had requested in April that the 10% rule be partially suspended.
