Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-26-Speech-4-112"
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"en.20090326.16.4-112"2
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"Mr President, I welcome this report as a shot across the bows of supermarket giants. Tesco, for example, recently announced profits of GBP 2.8 billion, while food producers in my constituency struggle to make a living. The major supermarkets have been abusing their buying power to suppress prices to suppliers to unsustainable levels and to impose, I must say, unfair and unilateral demands as the price of retaining the contract.
In the long run, as the UK Competition Commission has pointed out, this will equally damage consumers as choice, availability and quality are squeezed out of the market. Thus I support the call for an investigation into the margin share in the production and distribution chain. Someone, somewhere, is doing very nicely, but it certainly is not the producer."@en1
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