Filing proposals in the next few days
The reasons why they disagree with the promotion of the application for the cheapest basket he explained to “SPORT FM 95.0” and the broadcast “DISTRIBUTING NEWS” the Executive Secretary of the Pancypriot Association of Hypermarkets, Andreas Hatziadamou, speaking about intervention and law lack of competition.
According to what he said the tool in question is very difficult to implement in practice and will bring the opposite of the intended results. He expressed the opinion that there will be unfair competition between companies as it is very difficult to compare and have a real picture due to the fact that there are thousands of products, thousands of codes, same products of different origin, same products with different quantity and so on.
In response to the comment that the bill is ready to be sent for legislative review and to the question whether there was any discussion, Mr. Hatziadamou responded positively, clarifying that the Association has prepared proposals which it will submit within days. These are, as he said, factual proposals that explain the problems that arise and that will lead the consumer astray instead of valid information on how he can benefit.
