Fianna Fáil Seanad Spokesperson on Agriculture Senator Brian Ó Domhnaill has raised concerns about the impact on food producers of the grocery market being controlled by three powerful multiples.
Speaking following the sale of Superquinn overnight, Senator Ó Domhnaill urged the Government to fast-track legislation, as proposed by Fianna Fáil in April, to protect producers against below-cost selling and other unfair practices in the grocery sector.
Senator Ó Domhnaill said: “The news overnight that the Musgraves group are taking over Superquinn has caused further concern within the agricultural communities who have been waiting for legislation to ensure fair trade within the grocery sector.
“Food producers and suppliers are understandably worried about the survival of their business as large multiples become even more powerful and have the ability to control prices.
“Legislation stopping below cost selling and other unfair practices within the grocery sector is long overdue. In April, Fianna Fáil put forward a motion in the Dáil calling on the Government to introduce fair trade legislation without delay, as promised in the Programme for Government. But so far we have only seen talk and no action.
“The Superquinn takeover is just further evidence of the urgency of this issue. The agri-food sector can’t afford to wait as the Government drags its heels,” concluded Senator Ó Domhnaill.