Oireachtas Joint and Select Committees

Wednesday, 11 May 2022

Committee on Budgetary Oversight

Recent Cost-of-Living Measures: Discussion

Photo of John LahartJohn Lahart (Dublin South West, Fianna Fail)
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We do not know this but maybe France does not have an energy regulator so that is out of the hands of Government here in this sense, even though most of the energy companies in France are state-owned.

The second piece was about being able to look at the top 120 most important staple retail purchases. Again, France is looking at trying to cap the price of these. Clearly, a retailer could decide to offset any loss of profit through the price of other items but it would at least keep the top 120 staples from increasing and inflating.