Wrangling about the profit
At the end of January the European Commission (EC) decided to go to court about the Hungarian rules for the retail sales of agricultural and food products – the EC’s opinion is that the Hungarian regulations deprive consumers and businesses of their right to enjoy the benefits of the single market without limitations.
The EC’s view is that retailers should apply the same profit margin for agricultural and food products, irrespective of whether they are Hungarian-made or imported. Brussels opines it is also problematic that Hungary obstructs fair competition because there is no free price-setting for agri-products.
The EC launched an infringement procedure against Hungary in February 2017. It is rather interesting that Brussels is protecting fair competition in this case, but the EC isn’t so strict when it comes to the double standards in food quality – the same products being of higher quality in Western Europe than in the East. Luckily, the Romanian presidency of the EU put the problem back on the negotiating table!. //
Related news
EUDR country assessments – or which countries are at risk from deforestation
On 23 May, the European Commission published its country assessment…
Read more >The European Union has launched a joint investigation into Shein – serious consumer protection concerns have been raised
The European Commission and EU consumer protection authorities have jointly…
Read more >The regulation is changing – GDPR strictness is being relaxed
The European Commission is planning to ease the GDPR for…
Read more >Related news
Viktor Orbán: we will introduce margin reduction for new products as well, if necessary
The margin regulation must be maintained because people must be…
Read more >Healthy meat products rich in fiber and protein have been developed in Debrecen
A new product line consisting of health-promoting, fiber- and protein-rich…
Read more >German retail sales fell month-on-month in April
In Germany, retail sales fell by 1.1 percent in real…
Read more >