The food industry has slammed government proposals to compel supermarkets and processors to reveal their profit margins as part of efforts to prevent price gouging.
It comes as supermarket chains have been accused of profiteering over the current inflation in grocery prices. A senior food industry source has said that supermarket bosses have described this country as ‘Treasure Ireland’ because of the higher margins they can charge here compared to other markets.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: businessposthq - 🏆 8. / 71 Read more »