France to Lift Ban on Below-Cost Fuel Sales to Ease Inflationary Pressure on Households

France plans to temporarily lift ban on fuel retailers selling below cost to help lower prices.
Move aims to ease inflationary pressure on households as pump prices have surged.
TotalEnergies has extended cap on fuel prices; some grocery chains sold gasoline at cost.
Finance minister concerned about high profit margins for petrol refining.
Starting November, companies must indicate on labels when they change product sizes without lowering prices.

reuters.com

Relevant topic timeline:

9/21/2023

Russia Bans Gasoline and Diesel Exports to Stabilize Domestic Fuel Market

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