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BUSINESS BRIEFS

Government to retailers: You're too cheap

THE GOVERNMENT is planning measures to protect domestic farmers and food producers from retailers who are abusing their economic dominance, the Hospodárske noviny daily reported on August 21.

Inspired by the example of Germany, which has banned retail chains from attracting customers by selling their goods below cost, Agriculture Minister Miroslav Jureňa wants to put a stop to such practices in Slovakia as well.

Retailers claim that certain producers are putting pressure on the Agriculture Ministry to take steps against the retailers.

It is also assumed, however, that the Agriculture Ministry wants to use a different tactic to help the producers.

"The ministry has been given the task of running a strong advertising campaign to promote domestic products rather than restricting the activities of retail chains," said analyst Ľubomír Drahovský.

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