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Antigua & Barbuda

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Ministry of Trade Condemns Price Gouging After ABST Increase: Calls for Consumer Protection

  • Ministry of Trade condemns price gouging following ABST increase
  • Numerous complaints received from consumers since January 1, 2024
  • Consumers already paying increased sales tax should not be subjected to price gouging
  • Consumers unaware of how to compute the increase should seek assistance from relevant government agency
  • Ministry of Trade does not condone price gouging or consumer fraud
  • Ministry will combat unfair trading practice
  • Division of Prices and Consumer Affairs ready to assist consumers with complaints and hold violators accountable
  • Prices of price-controlled goods monitored twice daily to ensure they do not exceed maximum selling price
  • Ministry will not allow traders to unlawfully increase prices of food or consumer goods
  • Perpetrators caught will be held accountable according to the Laws of Antigua and Barbuda

Source: antiguabreakingnews.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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