The Federal Antimonopoly Service of Russia (FAS) has approached major retail chains such as DNS, M.Video, and Citilink with a proposal to voluntarily limit prices on popular models of household appliances and electronics. According to the agency, such measures could positively impact the market by preventing significant price increases on in-demand goods.
The FAS recalled that in 2023, retail chains had already undertaken similar obligations, which helped to keep prices for household appliances and electronics at an acceptable level. As a result of these actions, it was possible to improve the availability of important goods for consumers.
The Antimonopoly Service also emphasized the importance of a responsible approach to pricing and the need to prevent unjustified price increases.
DNS, M.Video, and Citilink supported the FAS initiative to limit prices and markups on household appliances and electronics. The press service of M.Video reported that a list of goods, the prices of which will remain fixed for a month—from the end of August to the end of September—will be prepared in the near future.
Online retailer Citilink also expressed support for the FAS initiative. Company representative Denis Kovarsky noted that a list of goods for which the cost will be reduced is currently being prepared.
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