The Antimonopoly Committee of Ukraine ordered the 13 retailers to reduce prices on products

The Antimonopoly Committee of Ukraine (AMCU) ordered 13 major retail chains in the country for ten days to reduce food prices to the level that was set before the advent of the increased demand for products.
"due to the rapid growth of demand and a simultaneous increase in the prices of food commodities, such as flour, sugar, buckwheat, sunflower oil, pasta, oatmeal, and salt in the period from 21 February to 28 February 2015, the Antimonopoly Committee of Ukraine started the research activities of the largest retailers of Kyiv, Lviv, Dnipropetrovsk, Odessa and Kharkov, providers in these networks and producers of food products for compliance with the requirements of the law on protection of economic competition," according to the Internet office of the Ministry." Preliminary analysis obtained from retailers information showed that some retail chains in the issue of pricing for certain food items allowed the growth of retail prices at a faster pace ", - emphasized in the Committee. Thus, With the increase in the purchase price of buckwheat 16% retail prices increased by 39%. With increasing procurement prices for wheat flour 58% retail prices increased by 70%. In addition, it is noted that almost unchanged When the purchase price of rock salt in the country throughout February retail prices increased by 13%." That is, an average margin between purchase and retail prices for selected food products in the period of high demand in the region rose by more than 50%", declares in the Ministry. The Department experts believe that the growth of prices in Ukraine caused the behavior of retailers. Currently, however, say in the AMC, " there is reason to lower the retail prices of basic food commodities to the level that existed before the period of increased demand for food products "." now there is a trend towards stabilization of the official exchange rate of hryvnia against foreign currencies and the reduction of prices for fuels and lubricants, " according to the report." for that reason, in order to prevent violations of the law on protection of economic competition, the Antimonopoly Committee of Ukraine has issued mandatory for consideration 13 financial advice networks, namely: "PAKKO holding, LLC " Fozzy-Food ", DCP "Cocktail Center, LLC "Foodmarket" FDI " BILLA-Ukraine ", LLC " ECO "LLC," ATB-market ", LLC " Metro cash & carry Ukraine ", LLC " Auchan Ukraine Hypermarket ", LLC " omega ", LLC " Tavria Plus ", LLC " Tavria - V ", LLC " TM " Barvinok ", - they report in the AMC. Remember, on 2 March, the Minister of agrarian policy and food of Ukraine Alex Pavlenko tried to convince the public not to panic due to the food. We emphasize that to the grocery fear in Ukraine has led not only concerns the issue of food shortages, but also the devaluation of the hryvnia - the population tends to buy goods, very quickly as long as they have not increased in price. The government of Ukraine has said that the increase in social currently possible.


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sections: Politics