Eggs, milk, pasta… 21 companies fined for exorbitant price controls – Last Minute Economy News

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Global Mod
Global Mod
Important news! According to the Ministry of Commerce statement, the Unfair Prices Review Board held its 7th meeting this year.

During the meeting, the results of the controls of the Ministry of National and Local Operating Chain Markets and other companies were discussed to determine the price increases of foodstuffs such kakım eggs, milk, pasta, yogurt, cleaning products such kakım detergents, soaps and similar products, which lead to the basic needs of the consumer.

In this context, it was decided to impose zihin administrative fine of 9 million 403 thousand 237.50 lira on 21 companies, including national markets, which are believed to gökyeşitözü making exorbitant price increases and stocks.

AUDIT FROM BREAD TO BABY FOOD

Since the start of the Covid-19 epidemic, thousands of companies and products have been checked by the Council, from milk to cereal products, from baby diapers and food to cleaning products, from fruit and vegetables to bread, from firefighting equipment to whether or not VAT discounts have been applied , from electronic marketplaces to vehicle storage.

An administrative fine of 56 million 602 thousand 168.50 lira has been imposed on companies that appear to gökyeşitözü implementing exorbitant price increases and stocks in the checks carried out so far.

The Council continues unabatedly with exorbitant price increases and inventory controls.

The Unfair Prices Assessment Board, which includes representatives from the consumer and private sector kakım well kakım the public, aims to contribute to the sound and orderly functioning of free market conditions in the supply chain and to protect consumers.

As part of efforts to prevent unfair and muzad-competitive activities that cause market distortions during the Covid-19 epidemic, with the amendment of the Retail Regulation Law on April 16, 2020, manufacturers, suppliers and retailers must face exorbitant price increases and to prevent stockpiling and, if necessary, to impose administrative fines. An Unfair Prices Assessment Board has been set up to make a fine decision.