Previous business/academic article Next business/academic article
Academic Articles Awards > Unilateral Conduct

Superior Bargaining Power and the Global Food Value Chain: The Wuthering Heights of Holistic Competition Law?

Ioannis Lianos and Claudio Lombardi, Concurrences (N° 1), 2016

See Ioannis Lianos's resume See Claudio Lombardi's resume

Click here to read the full article online

The social and economic importance of the food sector has always put in the spotlight of competition authorities. As Chauve et al. remark “the food supply chain accounts for 5 per cent of E.U. value added and 7 per cent of employment, bringing together the agricultural sector, the food processing and manufacturing industry, wholesale trade, and the distribution sector,” also noting that the “[f]ood spending represents about 15 per cent of the average EU household budget.”100 Two subsequent developments have ensured that food issues have recently gained prominence in the work of competition authorities. First, theconsiderable rise of the price of commodities, including food, in 2008, led to increasing demands for intervention from public authorities in order to curb the phenomenon of food inflation.101 Food inflation trends seem, however, to have since been reversed, the prices of commodities decreasing sharply the last few months of 2015.102 Second, additional concerns have been raised by the perception that retailers have gained considerable power over the upstream parts of the supply chain, in particular processors but also farmers.

Download our brochure