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News : Bahamas Information Services Updates Last Updated: Feb 13, 2017 - 1:45:37 AM


Senator Gomez warns merchants not to increase prices
By Chairman of the Consumer Protection Commission Senator the Hon. Jerome Gomez
Oct 17, 2016 - 1:29:41 AM

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Due to the many rumours of price gouging, the Consumer Protection Commission (CPC) cautions businesses not to take unfair advantage of consumers following the devastation left behind by Hurricane Matthew.

The CPC appeals to all businesses, particular those in the food, ice, water, hardware and lumber sectors to maintain their current prices for these and other items and to be mindful of the fact that in this tough economy, Bahamians are already struggling to make every dollar count.

We wish to bring to these businesses attention that any unfair price increases at such a time of crisis, hurts a wide cross-section of persons, primarily, the poor, single parents and the elderly. Therefore, we encourage a spirit of fair play and social responsibility during this stressful and trying time.

Should reports of price gouging be proved, the CPC will alert the Government to these despicable acts and bring the full brunt of the law to bear upon businesses and/or persons engaging in price gouging.

Taking advantage of consumers when they are down and out is indeed a most shameful, ungodly act.

Persons are asked to report all incidents of price gouging to the CPC at telephone number 393-7795-7, on Facebook at cpcbahamas, email info@cpcbahamas.org or on our website at www.cpcbahamas.org

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