2023-09-20 11:59:07
The government’s measure is a huge flop. While the sale at a loss of fuel is supposed to come into force at the beginning of December, none of the major French distributors intend to apply it. Carrefour, the second largest player in food distribution in France behind E.Leclerc, will not “sell at a loss” of fuel, its CEO Alexandre Bompard announced this Wednesday, during a hearing before the Economic Affairs Committee of the National Assembly. .
The ban “on resale at a loss has been a very important principle of commerce since 1963,” said Alexandre Bompard, also president of the Federation of Commerce and Distribution (FCD) which represents a large part of the sector. According to him, “we must not open this Pandora’s box”.
In the process, it was E.Leclerc and Intermarché who affirmed that they would not “do it” either, through the voice of their representatives in the National Assembly. Dominique Schelcher, CEO of the 4th player in the Système U sector, does not plan to “make massive sales operations at a loss”.
Selling at a loss #fuel : “If we do that, we will increase the price of pasta”, argues the president of the Les Mousquetaires group, Thierry Cotillard, before adding: “We have no interest in killing the little pump attendant, who obviously does not won’t be able to do it.” #DirectAN pic.twitter.com/JOL0RJvcYt
— LCP (@LCP) September 20, 2023
Tuesday evening, the CEO of TotalEnergies Patrick Pouyanné opened the march by affirming first that he refused to sell his fuels at a loss. And that it “will not go lower” than the current price of 1.99 euros per liter, currently set at his group’s service stations in France, he warned on Tuesday, questioned by a journalist from the “Quotidien” show.
On Saturday, Prime Minister Élisabeth Borne lifted an old taboo by announcing, in Le Parisien, that fuels could be sold at a loss. This measure, which will be the subject of a bill, should come into force at the beginning of December for a period of six months.
#Fuels #Carrefour #E.Leclerc #Intermarché #sales #loss