Politics · Spain · 2 hrs ago
Spain’s competition watchdog to monitor food prices as energy costs rise
Spain’s government has asked its competition authority to monitor food prices.
The watchdog will examine how increases in energy costs are passed on to the cost of groceries.
The measure is included in a decree-law.
The decree is expected to be approved on Friday.
The plan focuses on the link between energy costs and the prices shoppers pay for food.
It does not specify what action the authority would take if it finds that costs are being passed on.
Approval of the decree is the next step.
Spain’s competition watchdog, the CNMC, is to monitor how rising energy costs are passed on to food prices.
The Spanish Government assigned the monitoring role through a decree-law.
The decree-law is expected to be ratified on Friday.
- Who
- Spain’s competition watchdog, the CNMC, will monitor prices.
- What
- It will monitor how rising energy costs are passed on to the food shopping basket.
- When
- The decree-law is expected to be ratified this Friday.
- Where
- Spain.
- Why
- To monitor how the increase in energy costs is transmitted to food prices.
This story does not have two clearly opposing sides.
The Government assigned the CNMC to monitor how rising energy costs are passed on to food prices.
The decree-law is expected to be ratified.
- Watchdog
- CNMC
- Monitoring focus
- How rising energy costs are passed on to the food shopping basket
- Measure
- Decree-law
- Expected ratification
- This Friday
Sources
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