The Antimonopoly Committee of Ukraine is studying the reasons for the rise in prices for eggs and butter

Published 2021년 4월 12일

Tridge summary

The Antimonopoly Committee of Ukraine is investigating the rise in retail prices of eggs, sugar, and sunflower oil. The committee will determine at which link the primary rise in price took place and whether the economic entities had objective reasons for the price increase. The decision on whether to investigate eggs and butter will be made based on the specifics of each commodity market. The committee will also consider international price amplitudes before making an informed conclusion about potential violations.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Antimonopoly Committee of Ukraine is investigating the rise in retail prices for certain food products. This was told by the head of the committee Olga Pischanskaya, the regulator said in a statement. “Now we are investigating the nature of the increase in retail prices for eggs, sugar and sunflower oil. An investigation has already begun on sugar. For the rest of the products, we find out at which link the primary rise in price took place. This can be the level of the manufacturer, supplier or retailer. We determine whether the economic entities had objective reasons to do so and whether this rise in price has a market basis, "Pischanskaya said. According to her, it is too early to say whether there are grounds for starting an investigation into eggs and butter. Before deciding on the use of leverage, the committee will take into account the specifics of each commodity market, find out the price amplitudes on international exchanges, and the like. “In the end, having found ...

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