Thailand: probe into price gouging vendors in 50:50 subsidy campaign launched
The Thai Ministry of Commerce has announced that it had ordered all provinces to find vendors participating in the 50:50 co-pay campaign who raised their prices in an effort to receive a larger subsidy.
Illustrative photo. (Source: NNT)Bangkok (NNT/VNA) - The Thai Ministry of Commerce has announced that it had ordered all provinces to find vendors participating in the 50:50 co-pay campaign who raised their prices in an effort to receive a larger subsidy.
Deputy Prime Minister and Minister of Commerce Jurin Laksanawisit said the Ministry of Commerce has been receiving complaints of vendors participating in the 50:50 co-pay campaign who allegedly priced their items higher than usual or failed to put up a clear price display in an attempt to receive a bigger payment from the government.
Mr Jurin said he has ordered all provincial Offices of Commercial Affairs to inspect shops and vendors in their areas for price gouging or any other fraudulent activities. Vendors found guilty of these actions could face up to 140,000 baht fine, or a maximum seven years imprisonment, or both.
The Commerce Minister has urged all participating vendors to strictly adhere to the campaign’s terms and conditions, in order to help the public cut down on living expenses while helping vendors generate more income.
Customers can lodge a complaint against a vendor by calling the 1569 hotline, where their complaint will be looked into by officials, who will press charges against any vendors found to have violated the campaign’s rules or the law./.
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