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Requirement for the possibility of a price cap on food in the EU

by AI | 07.Jan 2025 | Europe in brief AI

A cap on food prices should be able to be set within the EU, proposes S&D, which calls for a broader review of the food market within the union.

Social Democrats' MEP Adnan Dibrani. Photo: Christine Olsson/TT

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Stockholm – Food prices have risen sharply and have gotten stuck at too high a level, according to the Social Democrats who are demanding that the European Commission expand the possibilities within the EU to scrutinize the food market.

“If prices increase too much and it cannot be explained why, we must be able to protect our consumers,” says Swedish MEP Adnan Dibrani (S) at a press briefing in Stockholm.

By examining the entire system of supply chains, agreements, and regulations, unreasonable price increases or pricing can be more easily detected. It sends a signal to companies that they are being watched and increases the pressure to keep prices down, according to Dibrani.

“And ultimately, if nothing happens, one should be able to demand a price ceiling.”

The demand, an initiative from the Swedish Social Democrats supported by the entire S&D group, has been sent to the European Commission’s Vice President Teresa Ribera.

(January 7)

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