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Greece’s market watchdog investigates price increases March 4, 2008

Posted by grhomeboy in Business & Economy, Shopping.
Tags: , , , ,

The Greek Competition Commission is planning to investigate increases in prices of basic foodstuffs and other consumer products over the last three years.

The independent authority wants to establish whether the price hikes have been the result of the relationships between industrial and commercial companies on the one side and supermarket chains on the other.

More than 20 companies have been targeted for the supply of data, coming from the sectors of bakery products, dairy products, paper items, ready meals, wine etc. By the end of the month, the commission will have a full picture on the washing detergent sector.

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