According to the Ministry of Domestic Trade and Consumer Affairs Perak Branch's chief enforcement officer, V. Ravichandran, he had received complaints that a shop which located in Sibilin was selling N95 masks at RM14 each. It is inappropriate because the selling price of RM14 per unit is more than twice of the celling price of RM6 set by the government.
Photo Source: Nanyang Business Daily
Since the business owner had contravened Section 11 of the Price Control and Anti-Profiteering Act 2011, the shop was given with an RM2000 compound. So far the Ministry of Domestic Trade and Consumer Affairs in Perak had received 703 complaints, inspected 31,344 business premises.
He also reminded operators to follow the regulations to avoid being taking actions. Consumers are encouraged to report to them if they found that there is price gouging in the market.
Source: FMT
Cover Photo: Nanyang Business Daily || FMT
