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France to step up food sector price probes to curb inflation

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Reuters UK

PARIS (Reuters) – The French government will step up probes in the food supply chain to see if companies are using the inflation crisis to hike prices unjustifiably, Finance Minister Bruno Le Maire said on Monday. Government consumer protection agents have already carried out 1,200 inspections in the sector since the start of the year and a hotline would be available from Tuesday for companies to flag price irregularities, the Finance Ministry said. “I want to be sure that at no point in the (supply) chain there are people profiteering and that those who profiteer are sanctioned,” Le Maire tol…

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