Fine of 11.2 million TL for 17 thousand 278 companies that apply exorbitant prices

The Ministry of Commerce released the number of companies that were fined as a result of inspections against deceptive pricing practices.

In the statement made, “In 2022, 63 thousand 3 companies carried out price tag inspections of 1 million 216 thousand 164 products, and a total administrative fine of 11.9 million TL for 23 thousand 536 violations, 17% in the first 5 months of 2023. In the presence of 1,278 companies, price tags of 335 thousand 154 products were inspected, and a total administrative fine of 11 million 244 thousand 727 TL was imposed in connection with 11 thousand 301 violations.

AUDIT INSTRUCTIONS AT DIFFERENT SALE-PRICE PRICE

The statement also mentioned that there were differences between the prices of the labels and the prices of the boxes as a consequence of the fact that the labels of the products were not updated in accordance with the legislation due to the exchange rate and price increases in some news. that were reflected in the press recently.

“Given that this situation is claimed to cause significant consumer suffering, it is important to arrange price tags in a way that indicates current and realistic prices,” the statement said:

“In this sense, based on the complaints of consumers in the publication on social networks of June 10, 2023 that the box price of the goods was double the label price, to the Provincial Directorates of Commerce of our Ministry; It has been instructed to carry out extensive and intensive inspections within the framework of the provisions of Law No. 6502 on Consumer Protection and the Price Labeling Regulations on whether there is a difference between the sale price of the products offered for sale. in chain technology stores, especially imported electronics.