| 26 September 2022, Monday |

Traders raised prices preemptively: greed or self-protection?

Although it is true that the decision to raise the customs dollar has not been implemented yet, but most sectors, especially those whose cost depends on the dollar, did not wait for the announcement of the price to be adopted, but rather worked hard to estimate a new customs price that sometimes reached the exchange rate of the dollar in the parallel market. Is this greed, or preemptive protection to ensure their frofits, so not to bear any loss, as they claim?

And despite the wide campaign, the Consumer Protection Department in the Ministry of Economy, with the escort of the private security services is waging, to write seizure records against violating merchants, these measures are not enough… Who protects the consumer from the traders’ greed?
When state officials think of “patchwork” solutions, the result is more chaos, corruption, impoverishment of society, and the destruction of any possibility of its advancement. So how if we add to it, the greed of the merchants who always invoke the same argument, and in the end, the citizen is always the victim.

  • Sawt Beirut International