Ban on stunting with the price of beer caused serious hoarding behavior in the Netherlands

Published 2021년 7월 13일

Tridge summary

The article highlights the significant increase in the purchase of alcoholic beverages, including beer, wine, and spirits, in the weeks leading up to the implementation of the new Alcohol Act in the country. The law, which came into effect on July 1, restricted price discounts on these beverages to no more than 25%. IRI, a research agency, reported a surge in beer sales by over 33% in the two weeks preceding the new law, with the highest increase in the eastern part of the country. Wine and spirit sales also saw an uptick, with wine sales up by 27% and spirit sales by over 6.5%. The article suggests that this surge could be attributed to the anticipation of the new regulations, with providers and supermarkets possibly playing a role in the stockpiling of alcohol.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the weeks prior to the entry into force of the Alcohol Act, in which stunting with the prices of alcohol is prohibited, considerably more beer, wine and spirits have been hoarded. Significantly more beer has been bought, especially in the east of the country, according to figures from research agency IRI that NU.nl has requested. Since 1 July, no more than 25 percent discount can be given on beer, wine or spirits. This is a result of the new Alcohol Act that has replaced the Licensing and Catering Act. In that law, the rules for the online sale of drinks have also become stricter. In total, more than 33 percent more beer was sold in the two weeks prior to 1 July than in the same period a year earlier. "The catering industry was open around that time last year as well as this year, with restrictions. The weather was pretty much the same," says researcher Elke Janssen of IRI. However, the group matches of the Netherlands at the European Championship were played in that period ...

Source: Nu