prices

Call for strict action against major retail chains over price manipulation

President Aleksandar Vučić has expressed his expectation that the Commission for the Protection of Competition will take stringent action against the four largest retail chains in Serbia, currently under investigation for potential price-fixing practices. The Commission has initiated proceedings against Delhaize, Mercator S, Univerexport and Dis, amid suspicions that these companies have colluded to manipulate the prices of certain products. In an interview with RTS, Vučić highlighted that these retail giants have significantly increased their gross trade margins from 19%…