FDBusiness.com

New Grocery Regulations For Ireland

 Breaking News
  • Younger British Consumers Turn Over a New Leaf on Tea New research from Mintel reveals that as many as 37% of British consumers aged 25-34 have drunk 5-6 different types of tea at home or in the workplace over the past month*, compared to just 3% of those aged 55+. Furthermore, Brits aged 25-34 are the most likely to drink every variety of tea tracked by [...]...
  • Irish Consumer Confidence Hits New High Consumer confidence in Ireland has hit its highest level since the recession and is now the fourth most confident country in Europe, according to the latest Nielsen Global Survey of Consumer Confidence and Spending Intentions. The Republic of Ireland’s Consumer Confidence Index score – which measures attitudes each quarter on topics including personal finances and job prospects [...]...
  • Fifth Acquisition For Frutarom in 2017 Frutarom Industries, one of the world’s 10 largest companies in the field of flavours and natural specialty fine ingredients, continues its momentum of acquisitions and the implementation of its rapid and profitable growth strategy by agreeing to purchase of 100% of the shares of the UK company Flavours and Essences (UK) Ltd (F&E) for approximately [...]...
  • Market-leading Food Contact Conference, Plastics & Paper in Contact with Food – 4-7 December, Berlin Over 200 experts from across the food contact industry will come together in Berlin, Germany from 4–7 December 2017 to attend Smithers Pira’s Plastics & Paper in Contact with Foodstuffs (P&P) –http://www.food-contact.com/plastics-paper. With the European Commission having recently published EU regulation 752/2017 amending EU Regulation 10/2011 on plastic materials and articles intended for food contact, all [...]...
  • Croxsons’ Stunning Black Bottle For 6 O’Clock Gin’s Limited Edition Debut Leading glass packaging company Croxsons has supplied Bristol based distiller, 6 O’Clock Gin, with a stunning black bottle for their first limited edition gin product – the Brunel Edition. Since Bramley & Gage’s partnership with Croxsons for the re-launch of their 6 O’Clock gin, the Brunel Edition is the first limited edition gin for 6 O’Clock [...]...
  • Carlsberg Group Remains on Course Carlsberg Group has announced organic and reported net revenue growth of 2% to DKr31.77 billion (€4.27 billion) for the first half of 2017 although group beer volumes fell organically by 3%, chiefly due to a decline in Russia. Operating profit was up 15% organically, with all three regions – Western Europe, Eastern Europe and Asia [...]...

New Grocery Regulations For Ireland

New Grocery Regulations For Ireland
February 03
16:17 2016

The Competition and Consumer Protection Commission has begun its role as enforcer of the new Grocery Regulations, following the publication of the Consumer Protection Act 2007 (Grocery Goods Undertakings) Regulations 2016. The regulations apply to retailers and wholesalers of food and drink in Ireland who have a worldwide turnover in excess of €50 million. Grocery businesses are now obliged to assess whether the regulations apply to them.

One of the key requirements of the Grocery Regulations is that all new or renewed contracts between retailers or wholesalers and suppliers will have to be put in writing. These regulations come into effect from 30 April 2016.

Isolde Goggin, Chairperson of the Commission, comments: “Our mission is to make markets work better for businesses and consumers alike. The Commission will use its powers to ensure compliance with the legislation, which brings predictability and certainty into the relationships between suppliers and grocery businesses in Ireland. This will be achieved through the requirement to have written contracts and the prohibiting of certain supplier payments unless they are provided for in a contract. The regulations also require suppliers to be paid within 30 days unless otherwise agreed during contract negotiations. Retailers and wholesalers will be obliged to demonstrate their compliance with the regulations in an annual compliance report to the Commission and to maintain records of their dealings with suppliers.”

A period of three months has been allowed to enable businesses to familiarise themselves with the requirements placed on them. During this time the Commission will engage with retailers and wholesalers to advise them of their obligations and to provide guidance to them in making the necessary changes, to ensure their compliance with the regulations. The Commission’s website provides guidance for retailers, wholesalers and suppliers and will be updated on an ongoing basis. {http://www.ccpc.ie/compliance-business/grocery-sector-regulations}

Isolde Goggin concludes: “We have a significant engagement programme planned, which will provide affected grocery businesses with the necessary knowledge they need to put in place the required compliance structures. The new Grocery Regulations are an important addition to the enforcement tools we have at our disposal and we are committed to using all of our powers to create a culture of compliance in the grocery sector to benefit consumers and businesses.”

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 11, 2017drinktec
  • September 13, 2017FI Asia
  • September 19, 2017PROCESS EXPO 2017
  • September 22, 2017Global Summit on Food & Beverages
AEC v1.0.4

The Magazine

F&D Business Preferred Suppliers

Advertisements