Home

Web Blog

Property

NationEjobs

What's On

Back Issue








Wed, October 25, 2006 : Last updated 20:29 pm (Thai local time)



Lite version


Printable version


E-mail this article


Bookmark



Web


The Nation





Home > Business > Panel to look at dumping claims





Panel to look at dumping claims

The Commerce Ministry's retail committee will hold a meeting tomorrow to sort out terms and conditions to prevent superstores from dumping products at the expense of small-scale retailers.

The measures will be established in response to complaints from the independent retailers, who claim the superstores' unusually low prices are hurting them.

Tomorrow's meeting will also discuss the ministry's unsuccessful call for superstores to suspend their expansion plans for a while.

Siripol Yodmuangcharoen, director-general of the Internal Trade Department, said the department had submitted a draft of the Retail Act to Commerce Minister Krirk-krai Jirapaet for consideration last week. Krirk-krai suggested the department amend some parts of the law to plug loopholes.

For instance, he said provincial authorities should not be empowered to make decisions that would lead to the approval of giant retailers' expansion plans. Krirk-krai said the Retail and Wholesale Supervision Committee should instead be empowered to approve retailers' branch-expansion or business-operation applications.

In Krirk-krai's view, empowering the committee - which is chaired by the commerce minister - to make final decisions, would avoid problems arising from inconsistency.

Small retailers complained they were hurting because superstores sold products for less than the cost of production. The ministry's guidelines stipulate that retailers cannot sell their goods at such prices except in certain cases.

Siripol also said the ministry might not extend its call for retailers to suspend their expansion for 30 days, which expires on Saturday. However, the government may find new measures to enforce against giant retailers to ensure fairness, the Internal Trade Department director-general said.








Most Popular Business Stories


Suvit hears international carriers' airport complaints

Certainty 'would help investment'

Narongdej family sells its holding

No one wants TAT's top job

Local lenders too focused on collateral


Home
I
Web Blog
I
Shopping
I
NationEjobs
I
Job Search
I
Web Directory
I
Back Issue


E-mail Us

I


Feed Back

I


Terms & Conditions

I


Advertisements

I


Site Map

Privacy Policy © 2006 www.nationmultimedia.com
44 Moo 10 Bang Na-Trat KM 4.5, Bang Na district, Bangkok 10260 Thailand
Tel 66-2-325-5555, 66-2-317-0420 and 66-2-316-5900 Fax 66-2-751-4446
Contact us: Nation Internet
File attachment not accepted!