French fuel retailers refuse government plan to sell at a loss
www.thelocal.fr
French fuel distributors say they refuse to sell at a loss, despite French government plans to allow them to do so in the hope that it would bring down prices at the pump for consumers.

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.deEnglish
    0·
    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.