Competition decline - Challenging the chains

A year after the Groceries Order was abolished with the promise this would lead to savings of about €500 per year for every consumer, the predicted savings have turned out to be just another empty political promise.

The problems are compounded by a distinct loss of competition. Our population has been increasing, but the number of shops selling groceries has declined by more than 20% between 2001 and 2006.

Instead of going down — as forecast — prices have increased significantly since the lifting of price controls. Part of the increase is being attributed to a rise in food prices on world markets, but the competition watchdogs are seriously concerned about a decline in actual competition, as the big established supermarkets have been charging similar prices.

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