Rejected petition Stop supermarket and energy companies increase their prices more than inflation

Limit the amount that big companies increase their prices by no more than inflation on a yearly basis ie supermarkets & energy companies as this is having a detrimental effect on peoples standards of living and causing a lot of mental health and stress related issues.

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I have a keen head for numbers and have realised that supermarkets especially are increasing their prices way above inflation and taking advantage of the cost of living crisis. I have noticed a great deal of products being increased by almost 50% over the past 12 months. I go shopping in our household on a weekly basis and even own brand products have been increased extortionately. When companies like shell announce £32.2bn profit, this is not acceptable and I know the supermarkets will be the same.

This petition was rejected

Why was this petition rejected?

It’s about something that the UK Government or Parliament is not directly responsible for.

The pricing of individual products sold in supermarkets and other shops are a matter for suppliers and retailers, not the UK Government or Parliament.

Energy prices are already regulated, and linked to the cost of energy generation. You can find out more about how energy prices are capped here: https://www.ofgem.gov.uk/information-consumers/energy-advice-households/check-if-energy-price-cap-affects-you

We only reject petitions that don’t meet the petition standards.

Date submitted 2 February 2023
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