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Today, March 25, 2020, the House of Parliament passed a resolution to combat price gouging, brought by State Minister in the Ministry of Industry, Commerce, Agriculture and Fisheries, Hon. Floyd Green. The Minister says the new resolution will regulate the sale of goods during the period of a Declaration of a Disaster Area and shall come into force on March 31, 2020.
“Prices of these items would have already entailed a profit margin and as such, for the Disaster Area Order and time period, we are saying that the retailers have to maintain those prices” the Minister stated in his...