Price gouging fears as Europe rations vegetables

Central government has threatened to investigate claims of market manipulation

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Average wholesale prices versus cost to consumers in January across Spain – euros per kilo or eggs per dozen (source: IPOD enero 2017)

By David Jackson

The national government has said it will investigate allegations of price gouging in the fruit and vegetable wholesale business following complaints from EU trading partners and Spanish farmers that the market is not competitive.

Despite a Europe-wide shortage of produce after a failed harvest, prices in local clearing houses have seen a sudden drop which is not being reflected in the price paid by consumers.

 

 

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