PARIS (AP) — The French government announced a new rule on Friday that will require stores to tell customers when a product becomes smaller but its price stays the same or increases, a practice known as ‘’ shrinkflation. ''
Finance Minister Bruno Le Maire announced the measure to tackle the common but often criticized method, which has become an international buzzword. He said that from July 1, such cases will need to be clearly communicated to shoppers.
Le Maire called shrinkflation a “scam” and stressed the importance of transparency. “Consumers must understand the real price evolution of products when their sizes change,” he said in a statement.
Retailers at medium to large supermarkets will have to display specific information about the price per unit and any changes in quantity next to the affected products. It must be visible as signs on store shelves for two months following any changes to a product. This requirement applies to a wide range of goods, including food and household items. The Finance Ministry said there would be exceptions for unpackaged food items and bulk goods.
Ukraine, Israel aid bill on track as House pushes toward votes
Prince William spotted on 'low
US, UK intelligence leaders raise fresh alarms about Chinese espionage
Former drug dealer given second chance as dealer of pre
Cycling star Evenepoel targets June return from crash ahead of Tour de France and Paris Olympics
U.S. dispatches general in charge of the Middle East to F
Māori wards ultimatum for councils as coalition government imposes referendums
US 'prepper' culture diversifies amid fear of disaster and political unrest
Emiliano Martinez is shown TWO yellow cards but little
Archbishop of Canterbury says Kate Middleton conspiracy theories are nothing more than 'old