A conspiracy theory, but one it’s easy enough check on. If it was true there’d have been war when Coveney was in agriculture. The Shinners would have gone to town on him
Would they? If Goodman is as negative an influence on the market as he is rumoured to be why is absolutely no one speaking out about him during the course of these protests, including the farmers?
During the course of these protests in any news reports I’ve heard it doesn’t get a mention. If the regulatory environment has led to a monopoly why aren’t the farmers out saying we need X regulation changed to have y effect, there is only one operator for X in the market so we need to change y to drive competition, and so forth.
The Farmers have asked for the competition authority to investigate the beef industry pretty much non stop.
The Irish Farmers’ Association has called for an investigation into the prices being paid to farmers for cattle following a report in The Irish Times about the profits being booked by companies in Luxembourg that form part of the Goodman Group.
IFA president Joe Healy said the revelation that the multinational group established by businessman Larry Goodman had profits of €170 million last year “shows that he’s making millions on the backs of beef farmers and the Government must take action on transparency in the food chain”.
‘Greed and more greed’
“At a time when the ABP group factories have cut beef prices to ridiculous levels for farmers, it is particularly galling for beef farmers to see Larry Goodman make such huge profits and routing them through Luxembourg and Liechtenstein with an intricate web of transactions designed to avoid tax,” he said. “It smacks of greed, greed and more greed.
“It leaves a bitter taste for beef farmers who are on incredibly low incomes, are struggling to cover their bills and who face a very uncertain future.”
The IFA has repeatedly asked the Competition and Consumer Protection Commission (CCPC) to investigate the margins in the beef industry.
“This amount of untaxed profits offshore must prompt a rethink at Government level and within the CCPC. They cannot continue to ignore the facts in front of them,” Mr Healy said.
Interesting. In any news reports I hear he isn’t the focus of the heat. Considering the amount of airtime they’ve gotten from the protests should they have been able to build up a very strong strong story and a lot of pressure for the government or competition authority to act?