Non-food traders speak out against price regulation

The Non-Food Traders Association has voiced a position against the proposed amendments to the Consumer Protection Act and the Protection of Competition Act. The bills, submitted by Progressive Bulgaria and adopted at first reading by the temporary committee on budget and finance, introduce a ban on unjustified price increases until August 2027, as fines are doubled.

According to the retailers, these changes are being adopted hastily and without public debate. Representatives of the association are of the opinion that replacing regulatory powerlessness with more regulations is a manifestation of weakness and the changes affect the entire economy and should not be adopted without debate, impact assessment and business participation. In the position of the Non-Food Traders Association, the traders warn that laws that reverse the logic of the market should not be adopted in a matter of days.

Editor: Darina Grigorova