There was an interesting news story from Paris, carried by Reuters in these last days before Christmas, entitled “France to raise minimum food prices, limit bargain sales.” That appears to be a rather non-descript headline until actually reading the story. In essence, the French government is moving to boost minimum food prices in an effort to raise farmers’ incomes. Not only that, it is also planning to regulate the level of discounts or sales prices that food retailers can use. The story stated the government will propose a 10 percent increase in the low-price threshold and a maximum discount of 34 percent on promotional (sales) offers. Wait, there’s more. No more than 25 percent of any one product’s volume c...