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French retailers have criticised consumer goods giants like Unilever and Nestle for price hikes they say are unjustified. The government has also put pressure on the consumer goods makers to cut prices. "We should probably be able to demand that the big (consumer goods) groups cut prices by between 2% and 5%," he said. Consumer goods firms are likely to face increased pressure across Europe to cut prices, industry experts say. Lawmakers also asked about buying alliances, which some supermarkets use to negotiate prices jointly with peers at the European level, and whether they enable retailers to evade French regulations on pricing.
Persons: Sarah Meyssonnier, Les Mousquetaires, Thierry Cotillard, Cotillard, Mousquetaires, Jan, Alexandre Bompard, Lawmakers, Systeme, Dominique Schelcher, E Leclerc, Philippe Michaud, Miloud, Leclerc, Michaud, Helen Reid, Hugh Lawson Organizations: REUTERS, Unilever, Nestle, Carrefour, Senate, REWE, Thomson Locations: Carrefour, Montesson, Paris, France, Portugal, Spain, Europe, Greece, London
[1/3] A general view of damage in the historic city of Marrakech, following a powerful earthquake in Morocco, September 9, 2023. The extent of damage to Marrakech, a UNESCO World Heritage site, was not yet clear on Saturday morning though most of the main historic sites in the old city appeared largely unscathed. Standing in front of a pile of rubble elsewhere in the old city, with elegant archways rising up behind it, Marrakech resident Miloud Skrout said the damage had blocked alleyways making it hard to help trapped residents. Some houses also fell in the tightly packed old city, though residents told Reuters that these appeared to be mostly uninhabited. "We are glad to see foreign tourists join to give blood following this painful event," he added.
Persons: Abdelhak, Karim El Baridi, Baridi, Miloud Skrout, Winston Churchill, Mahmoud Abghach, Ahmed Eljechtimi, Angus McDowall, Frances Kerry Organizations: REUTERS, Rights, UNESCO, Reuters, World Bank, IMF, Thomson Locations: Marrakech, Morocco, Rights MARRAKECH
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