Oireachtas Joint and Select Committees
Thursday, 7 March 2013
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Finance Bill 2013: Committee Stage (Resumed)
10:50 am
Stephen Donnelly (Wicklow, Independent) | Oireachtas source
It is good to hear about the February sales. However, the Minister should keep an eye on the fact that some of the retailers to whom I have spoken have said that the increase is due to the fact that they are still moving their old stock through. They have not yet had to pass on the increase.
I understand the Minister's intention is that the price in the shop or restaurant should increase by €1. Therefore, it is not a leveraged price increase implicating the supplier. I was told the contrary. Does the Minister mind if I examine this and revert to him? If it turns out that there is upward leveraging, will the Minister examine it?
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