France to allow loss-making petrol sales to bust fuel inflation (www.thelocal.fr)

submitted 1 year ago* (last edited 1 year ago) by throws_lemy@lemmy.nz to c/europe@feddit.de

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The French government has announced plans to allow retailers to sell fuel at a loss - even though French law currently prohibits doing so - with hopes that the measure will bring down prices at the pump for consumers.

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[-] jonne@infosec.pub 8 points 1 year ago

This is probably just going to cause small individual retailers to go under while being taken over by larger groups. This is a bad move that isn't even going to move prices in a meaningful way.

this post was submitted on 20 Sep 2023

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