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Traders will be not be permitted to fleece consumers

Sep 15, 2010 11:16:48 AM - itnnews.lk

Minister Johnston Fernando has emphasized that drastic action will be instituted against traders who are selling goods at exorbitant prices. He assured that traders will not be permitted to exploit consumes.

The Minister said may it be, retail or wholesale, every trader is bound by law under Provision 26 of the Consumer Act to display the price-list. The main task of the Ministry is to safeguard the consumer. As such, the Minister clearly stated that they would enforce the law to the letter. A large number of raids had already been conducted with the officials available. About 2000 traders who had flouted the Consumer Act have been indicted.

Addressing a news conference at the Consumer Affairs

Ministry, the Minister referring to economic centres,

pointed out that legal action was also been planned against

traders who transgress agreements. Many consumers have

lodged complaints that price-lists were not being

displayed at Economic Centres and traders were selling

goods according to their whims and fancies. As such, he

said as they were raiding other trade centres, action will be

taken to immediately conduct raids and revoke the

agreements which the traders had signed.