high food prices

Will increased competition lower prices in Serbia’s retail market?

In Serbia, the issue of high prices has been a topic of discussion for some time. To pressure retailers to lower prices, the “Efektiva” Association has called for a boycott of major retail chains since the end of January. In October of last year, the Competition Protection Commission launched an investigation against four retail chains in Serbia, suspecting price-fixing agreements and violations of competition laws. While awaiting the findings of the Commission, the question arises whether the entry of a…