British Stores Must End Price Differentials

I have written to the EU Competition Commissioner Nellie Kroes, calling for an investigation into price differentials by British multiple stores operating in the Republic of Ireland.

The Irish Times report showing that goods in Tesco Irish supermarkets are 13.2 % higher in Irish stores than in Britain was shocking.

The profit margins in Ireland are significantly higher than in the rest of the company, with the Irish profit margin a reported 9.3% last year with a projected rise to 9.5% this year.  British supermarket stores have simply failed to lower their prices in Ireland to take account of the value of sterling and by doing so they are taking advantage of the Irish consumer.

British supermarket stores operating in the Republic of Ireland have simply failed to lower their prices to take account of the value of sterling.  This is simply unacceptable and cannot be allowed to continue.  Irish consumers are being taken advantage of.

I have called on the European Commission to investigate these practises which are adding substantial costs for Irish consumers who are particularly price sensitive at this very difficult economic time.  The anger that people are feeling concerning this specific issue is palpable.

British Stores Must End Price Differentials and Reflect Real Value of Sterling Exchange Rate.

"We can't just hope for the best, we have to fight for it"

Vote 1 Eoin Ryan MEP - Fighting for Dublin in Europe