The Ministry of Commerce reported that 22 thousand 535 products were inspected in 1674 enterprises in the last week for excessive price increases.
While the Ministry of Commerce carried out inspections for excessive price increases in markets, bazaars, and wholesale markets in 81 provinces, 22 thousand 535 products were examined on the basis of 1674 enterprises in the last week.
According to the statement made by the Ministry, price developments in the market, especially food and basic necessities, are closely monitored.
As a result of citizen applications submitted to the Ministry of Commerce and ex officio studies, inspections were carried out with the participation of the Ministry’s provincial directorates and the Inspection Department in the markets, marketplaces, bazaars and wholesalers in 81 provinces in order to detect price increases in food and basic necessities that do not match the supply-demand balance without harming the free market economy.
In this context, 22 thousand 535 products were inspected by the Ministry on the basis of 1674 enterprises in the last week alone.
The findings obtained as a result of the inspection will be evaluated by the Unfair Price Evaluation Board and administrative fines from ₺10 thousand 911 to ₺100 thousand 910 for those who are determined to have an unfair price increase after the defenses of the companies, and from ₺54.555 to ₺545 thousand 550 for those who are determined to engage in stocking activities.
495 companies were fined ₺15.5 million in total
On the other hand, at the meeting of the Unfair Price Evaluation Board held yesterday under the coordination of the Ministry of Trade, representatives of the Ministries of Justice, Treasury and Finance, Industry and Technology, Agriculture and Forestry, the Union of Turkish Chambers and Commodity Exchanges (TOBB) and the Confederation of Turkish Tradesmen and Craftsmen (TESK), producer and consumer organizations, retail sector representatives it was decided to impose an administrative fine of ₺3 million 595 thousand to 120 companies.
The Board decided to impose an administrative fine of ₺15 million 480 thousand in total to 495 companies, which were considered to have made an excessive price increase in food and basic necessities.
As a result of the inspections, it was determined that there was an excessive price increase mostly in vegetable and fruit and basic food products such as sunflower oil, chicken, eggs, and flour.
Inspections will continue uninterrupted
With the call made by the Ministry, Inspections for producers of basic consumer goods in 81 provinces will be carried out by the inspection and inspection teams of the ministries of Treasury and Finance, Agriculture and Forestry, Industry and Technology, and the municipal police without harming the free market economy from today in especially the retail sector, market places, wholesale markets, markets, as well as products with excessive prices.
In order to closely monitor excessive price increases and stocking activities, inspections will continue uninterruptedly under the coordination of the Ministry of Commerce.
Source: AA / Translated by Irem Yildiz