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Profeco begins proceedings against Walmart and Bodega Aurrerá for price increases

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Post by MichaelB Thu Apr 23, 2020 10:44 pm


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Post by lunateak Thu Apr 23, 2020 11:11 pm

Try again MichaelB.
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Post by SunshineyDay Thu Apr 23, 2020 11:45 pm

It happens elsewhere also?


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Post by ComputerGuy Fri Apr 24, 2020 8:44 am

https://en24.news/e/2020/04/profeco-starts-administrative-proceedings-vs-bodega-aurrera-and-walmart-3.html
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Post by Gamina Fri Apr 24, 2020 8:56 am

The price of these commodities are regulated by the govt. Glad complaints were filed.
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Post by CanuckBob Fri Apr 24, 2020 9:28 am

Places like Wal-Mart are raking it in during this pandemic. They should be giving back to the community with food packages for the poor. The Chapala President should go speak with them. I would......

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Post by MichaelB Fri Apr 24, 2020 10:00 am

https://traficozmg.com/2020/04/inicia-profeco-procedimientos-contra-walmart-y-bodega-aurrera-por-alza-de-precios-2/

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Post by scooterbum Fri Apr 24, 2020 10:16 am

The peso has lost around 30% value to the USD in the last few months. Mexico imports nearly 40% of grains required for feed stock of poultry and tortillas. If egg producers can't make a profit they will start mass slaughter of chickens like is happening in the USA. Government price fixing did not work well in Venezuela.

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Post by CanuckBob Fri Apr 24, 2020 11:03 am

Agreed, the market should determine the price. Government subsidies can make up the shortfall like they used to with Pemex. It will of course mean inflation.....

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