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$2 million fine possible for retailers who hike prices during COVID-19 crisis

Local retailers found to be charging customers excessive prices for goods during the COVID-19 crisis can now be fined up to $2 million or sentenced to two years' imprisonment.
 
This is provided in the Trade (Sale of Goods During Period of Declaration of  Disaster Area) Order, which has been approved by both Houses of Parliament.
 
The measure is being undertaken to stamp out price gouging stemming from the COVID-19 crisis.
 


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