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Merchants face penalties for price tampering
The Saudi Gazette Published in The Saudi Gazette on 10 - 08 - 2012


JEDDAH – The Ministry of Commerce and Industry has said it will impose strict penalties against merchants who tamper with the prices of powdered baby milk. In addition to imposing heavy fines, the ministry will name and shame the offending merchants in newspapers. Officials at the ministry said that the price of certain brands of powdered milk had drastically increased in recent months. A 400g container of imported powdered baby milk which costs about SR5 is currently being sold for SR27-32. To counter the unfair pricing strategies employed by many merchants, the Consumer Protection Association has asked the ministry to instruct importers to engrave the price of their products on the packaging.

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