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.

  • geissi@feddit.de
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    1 year ago

    It probably only drives those who can’t afford sell-at-loss prices into insolvency

    That’s exactly why it’s generally not allowed.
    I also don’t really see what should motivate petrol companies to keep prices low after pricing out smaller competitors.

    • anachronist@midwest.social
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      1 year ago

      France is run by neoliberal dipshits now. They probably have decided that they want the small places out of business to “improve efficiency.” Also short-termist deregulation policies that leave everyone off worse in the long run is kinda their bag.