what we know about the entry into force of selling at a loss

by time news

2023-09-18 10:54:33

Élisabeth Borne announced Sunday September 17 that distributors would be authorized to sell fuels ” at a loss “ for a few months. This hitherto banned measure aims to lower prices at the pump.

► A bill to authorize selling at a loss

Banned since 1963, selling at a loss will be permitted by a bill, said government spokesperson Olivier Véran. This law project “will arrive very quickly” in front of Parliament, he said on Sunday. “The lifting of the ban on resale at a loss for fuel distributors will be included in the bill” on commercial negotiations between producers and distributors “presented at the beginning of October”specified the minister’s office.

“We are not saying that gasoline will drop to 1.40 euros at all stations for six months. It is said that there may be commercial operations”added the government spokesperson.

The Minister of Energy Transition, Agnès Pannier-Runacher, clarified on Sunday evening BFM count on a vote “during November” of this measure which should give “an additional degree of action” to fuel distributors.

► Entry into force on December 1

The Minister of the Economy, Bruno Le Maire, affirmed Monday September 18 in the morning that the sale at a loss would be effective at the beginning of December. “It will be effective from the beginning of December, I hope December 1st since the text of the law will be examined in the Assembly at the beginning of October”said the minister on France 2.

“Our method is to engage everyone, all economic players, in this fight against inflation”specified the minister, because “the State cannot bear the cost of inflation alone, otherwise it will widen the deficits”.

► A measure which arouses criticism

Monday morning, the president of the 40 million motorists association Philippe Nozière deplored franceinfo a measurement ” absolutely impossible “. According to him, “the government is shifting its responsibilities onto private companies”, failing to lower taxes. An option that the government had ruled out.

On Sunday, LFI coordinator Manuel Bompard denounced on France 3 “jokes” and “appetizers” put in place by the executive. He called for “getting out of the logic of incantation” and to “block fuel prices at around 1.50 euros”. For his part, the president of Reconquest! Éric Zemmour criticized on BFMTV a « bricolage » of the government, pleading for a reduction in taxes.


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