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Peru: Supermarkets slapped with false pricing fines

By  |  August 7, 2017
Peru: Supermarkets slapped with false pricing fines

Peru’s National Institute for the Defense of Competition and Protection of Intellectual Property (Indecopi) sanctioned four supermarket companies for not respecting the price displayed for certain products at the time of payment.
 
Indecopi carried out 165 on-site supervision actions in supermarkets, such as Candy, Metro, Plaza Vea, Tottus, Vivanda and Wong.
 
Inspectors to 67 establishments found and verified a total of 251 inconsistencies of prices in products and 173 products without prices. For this reason, Indecopi has issued fines on the companies Supermercados Peruanos S.A. (Plaza Vea and Vivanda), Hypermarkets Tottus S.A. (Tottus), Cencosud Retail Peru S.A. (Metro and Wong) and Candy Supermarket S.A.C. (Candy). The sanctioned companies have appealed the decision, except for Hipermercados Tottus S.A. which paid their fines in full.

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