On March 17th, organized market controls on misleading discounts are launched with the fines to offenders reaching 3m euros.

This was stated by Development Minister Takis Theodorikakos on the occasion of the Code of Conduct to check the offers in the products are reliable, ie whether the prices are lower the actual price of the last 30 days.

“We are fighting for a constant battle through informing citizens, working with healthy entrepreneurship and constant controls, to achieve food stabilization and basic living species“, The Minister of Development noted, recalling that in the next 10 days the information of both commercial and consumer businesses on the application of the Code of Conduct will continue.

Public opinion is released today with questions and answers from the Ministry of Development and the GSI.
Consumers can be informed of prices through the e-Katanalotis platform.

Organized checks start on March 17, with fines of up to 3m euros and citizens will be able to make their complaints about misleading discounts and bids on the kataggelies.mindev.gov.gr.

“Our central message, the informed citizen and consumer has power, with the new code we want more true discounts and offers, transparency and better prices.

We enhance competition and transparency in prices. That is why today we take another step, ending the phenomenon of misleading and false discounts, which unfortunately are used in the context of unfair commercial practices on the market.

We have worked with the food industry and supermarket business for months and we have now come up with a new code of conduct.

The central idea is that in order to be a true and reliable offer or discount, the sale price should be lower than the cheapest real price of the last thirty days.