Willie Penrose (Longford-Westmeath, Labour)
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276. To ask the Minister for Agriculture, Food and the Marine if he is considering measures to examine the issue of near-cost or below-cost selling of food produce; if he has examined how other states such as Germany and the United Kingdom tackle this issue; and if he will make a statement on the matter. [20321/16]

Michael Creed (Cork North West, Fine Gael)
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Retail legislation is a matter for my colleague, the Minister for Jobs, Enterprise and Innovation.

The Grocery Goods Undertakings Regulations, 2016 signed by the Minister for Jobs, Enterprise and Innovation, and which entered into force on 30 April 2016, introduced a number of requirements including written contracts, payment to suppliers within 30 days except where otherwise provided in a contract, submission of an annual compliance report to the Competition and Consumer Protection Commission and enforcement provisions. The Regulations apply to grocery goods retailers and wholesalers with an annual worldwide turnover of more than €50 million. I will be very interested to see the impact they have in their first year.