Agreements on stabilization of prices for chicken eggs are valid in 35 regions of the Russian Federation
Chicken Egg
Dairy
Russia
Regulation & Compliances
Market & Price Trends
Published Mar 27, 2024
Tridge summary
In an effort to stabilize chicken egg prices in Russia, the Federal Antimonopoly Service (FAS) has successfully implemented price agreements across 35 regions, involving 46 manufacturers, 23 wholesale organizations, and 9.5 thousand trade organizations. These agreements, facilitated by FAS recommendations and supported by a government resolution, have enabled regional authorities to effectively engage with economic entities to control goods prices. As a result, there has been a notable decrease in the price of chicken eggs by 4.15% since the beginning of 2024, according to Rosstat data, demonstrating the effectiveness of these collaborative efforts in managing food prices.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
These documents were concluded with 46 manufacturers, 23 wholesale organizations and 9.5 thousand trade organizations Price agreements with manufacturers and sellers on stabilizing prices for chicken eggs are valid in 35 regions of Russia. They are concluded with 46 manufacturers, 23 wholesale organizations and 9.5 thousand trade organizations. This was reported by the Federal Antimonopoly Service (FAS). “The Antimonopoly Service sent recommendations to the regions on possible parameters for concluding such agreements and on how to avoid the main mistakes when concluding them. Where agreements have been concluded, prices for chicken eggs are reduced,” the message says. The service recalled that the government adopted a resolution on cases of admissibility of agreements that state authorities of the regions of the Russian Federation can conclude with economic entities in order to stabilize prices for goods. It was noted that it allows ...
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