“Excess profits” obtained by some agri-food manufacturers, according to Emmanuel Macron. Asked on Monday night by the cameraman Hugo Décrypte about inflation and the cost of living for students, the President of the Republic acknowledged that the “agrifood groups” were obtaining “excess profits”.
“We are in the process of forcing” these affected companies “and threatening them”, continued the Head of State, assuring that the Government “will make decisions so that prices go down”.
commercial negotiations
Bercy is currently preparing a law to force manufacturers and distributors to quickly renegotiate prices. Le ministère veut avancer de plusieurs mois la période légale de négociations commerciales – in-dehors de this période légale, les industriels ne sont pas obligés de revenir à la table des négociations – pour appliquer des baisses de prix des le 1er janvier et non le 1er March.
Because, despite repeated requests from the government, some manufacturers of consumer goods are reluctant to lower prices, distributors say. Bruno Le Maire stated that he was considering the application of sanctions if some “do not play along”, assuring that he “would not hesitate” to “use the fiscal weapon”.
Source: BFM TV
