Ireland needs regulator to tackle supermarket ‘profiteering’

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“These companies are calling Ireland ‘Treasure Island’ because they can make so much money.”

“it is not correct to say that it is energy that is pushing prices up" in supermarkets.“The ECB has recently said that profiteering by companies is the main driver of inflation currently.

“We've got the energy credits that everyone's had in their pockets, €600 in the last year,” she said. “It goes to show why these companies are calling Ireland ‘Treasure Island’ because they can make so much money.”Senator Chambers said Deputy Whitmore has “not one single idea around how to regulate food price inflation.”

 

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