"In times of high inflation and cost increases, it is important to strengthen their task," says Finance Minister Elisabeth Svantesson (M) at a press conference.

Elisabeth Svantesson believes that Sweden is at the beginning of a recession and this, combined with high inflation, means a new situation for many.

"Especially for households with small margins, but also for companies and municipalities and regions.

Three food giants

The Finance Minister also highlights that it is primarily the increase in the price of food that contributes to inflation and that in Sweden there are three food giants that control 80-90 percent of the food market.

"A lack of competition can make prices even higher.

"Has an effect"

When asked if the addition to the Swedish Competition Authority will have an effect, she answers:

"It will have an effect during this year.

The Government also proposes to strengthen the National Institute of Economic Research.