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Ministry of Trade steps in: Proceedings initiated against 990 companies

The Ministry of Trade has uncovered significant irregularities during inspections of stationery products. During checks conducted between August 29 and September 2, proceedings were initiated against 990 companies, and a total of 15 million 241 thousand 124 liras in fines were issued.

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Ministry of Trade steps in: Proceedings initiated against 990 companies

With schools set to open soon, price increases in stationery products have come under scrutiny. The Ministry of Trade conducted comprehensive inspections between August 29 and September 2 against companies attempting to turn students' basic needs into an opportunity.

PROCEEDINGS INITIATED AGAINST 990 COMPANIES

During the ministry's inspections, legal proceedings were initiated against 990 companies found to have implemented price increases above market conditions. The scope of the inspections included the most preferred products for school shopping, such as notebooks, pens, erasers, and bags.

15 MILLION LIRA FINE

A total of 15 million 241 thousand 124 liras in administrative fines were imposed on companies engaging in unfair price increases.


News Source: 12punto

Ministry of Trade