Look at who funded and lobbied for this, this isn’t about protecting EU manufacturing, most of these companies manufacture their goods outside the EU and charge exorbitant prices for them.
This is once again taking the power out of the proles hands.
Parent Corporate Member
Key Retail Brands & Subsidiaries
Annual Revenue
Schwarz Group
Lidl, Kaufland, PreZero
€185.6 Billion
REWE Group
BILLA, REWE, Penny, Toom Baumarkt, BIPA
€100.4 Billion
Ahold Delhaize
Albert Heijn, Delhaize, Alfa Beta, Mega Image, Maxi, Albert
€92.35 Billion
Carrefour Group
Carrefour, Carrefour Market, Express, Atacadão, Cora, Match
The difference is that these companies have to adhere to EU regulations, e.g. on harmful chemicals. Cheap Chinese products famously do not, often times to an absurd degree, exceeding limits by thousands of times.
All companies selling in the EU market have to adhere to the General Product Safety Regulation even if the product and vendor is Chinese. The problem here is not the law, but enforcing the law.
and not forget sites like temu burn money to sell this stuff cheap while these have to actually run a profitable business. But 100 Billion Alibaba and 50 Billion Temu are the good guys in this, i guess
Look at who funded and lobbied for this, this isn’t about protecting EU manufacturing, most of these companies manufacture their goods outside the EU and charge exorbitant prices for them.
This is once again taking the power out of the proles hands.
Credit to https://www.reddit.com/user/Interesting_Pie_319/ for the data.
https://www.reddit.com/r/Aliexpress/comments/1ugpyoe/i_dug_around_a_bit_and_found_exactly_who_is/
The difference is that these companies have to adhere to EU regulations, e.g. on harmful chemicals. Cheap Chinese products famously do not, often times to an absurd degree, exceeding limits by thousands of times.
All companies selling in the EU market have to adhere to the General Product Safety Regulation even if the product and vendor is Chinese. The problem here is not the law, but enforcing the law.
Then regulate the products and impose fines?
and not forget sites like temu burn money to sell this stuff cheap while these have to actually run a profitable business. But 100 Billion Alibaba and 50 Billion Temu are the good guys in this, i guess