Mikloš: Bill on retail chains would be counter-productive

Opposition SDKU-DS vice-chairman and former finance minister Ivan Mikloš slammed a trade relations bill backed by Premier Fico that is designed to prevent retail chains from abusing their market position.

According to Mikloš, the bill will only harm ordinary people.

"Premier Fico wants to fight for lower prices via a ban on discounts and clearance sales. That's absurd, and the outcome is bound to be the opposite," Mikloš told journalists.

Fico has repeatedly accused retail chains of taking advantage of a global upward trend in food prices, describing the bill drafted jointly by the economy and agriculture ministries as one of the tools aimed at preventing this practice. There are plans to fast-track the bill in both Government and parliament.

According to Mikloš, Fico is looking for an enemy and is just pretending to tackle the issue. TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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