Search the record

varied, including wars, energy price hikes, supply shortages, Brexit and so on, but the suspicion remains that the supermarket chains are making excessive profits. As Ireland is the second most expensive country in Europe, scrutiny is required. Even when margins are found to be tight, families need … actively monitor and investigate pricing practices in the grocery sector. This includes the ability to analyse market data and profit margins and intervene when unfair or excessive pricing is identified. The Competition and Consumer Protection (Unfair Prices) Bill, which has reached Second Stage, would be a good place

major grocery retailers operating in the State, both Irish-owned and international companies, with an annual turnover in excess of €10 million. This should include country-specific profit disclosures and margin breakdowns. We urge the Government to monitor and publish regular reports on the impact of the transparency

price rises continued, he would haul the supermarkets in, bring them to heel and enact his own legislation to make them publish their profits in Ireland and give the CCPC more market surveillance and enforcement powers. I heard the Minister of State, Deputy Dillon, on the "News … somehow that there was no evidence of price gouging and excessive pricing in Ireland even though it could not possibly make a conclusive determination on that because it had no information of any quality on the very profits the companies it was supposed to be examining were making

Finance to estimate the annual revenue that would be raised by a 5% and 10% levy on net profits of grocery retail chains with revenue in excess of €50 million annually; fast food chains with revenue in excess of €25 million annually; and if he will provide figures