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Retail spokesperson says price gouging laws unfair and unnecessary

Retail network COOP Jednota Slovensko spokesperson Gabriel Csollar told journalists on July 23 that the current proposal to discourage price gouging by retailers in Slovakia won’t be necessary and some of its provisions would be impossible to enforce. The proposal was prepared by Slovakia's Justice Ministry to punish those trying to get rich during the transition to the euro through inordinate price increases. Csollar says the proposal as written criminalises merchants and calls for unduly tough sentences. Csollar also claims that some parts of the proposal are unclear. “As always,” Csollar says, “prices should depend only on the time-tested economic laws of supply and demand."

Retail network COOP Jednota Slovensko spokesperson Gabriel Csollar told journalists on July 23 that the current proposal to discourage price gouging by retailers in Slovakia won’t be necessary and some of its provisions would be impossible to enforce. The proposal was prepared by Slovakia's Justice Ministry to punish those trying to get rich during the transition to the euro through inordinate price increases. Csollar says the proposal as written criminalises merchants and calls for unduly tough sentences. Csollar also claims that some parts of the proposal are unclear. “As always,” Csollar says, “prices should depend only on the time-tested economic laws of supply and demand."

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