Saturday, December 20, 2014

. Then the Penal Code April 1997, in Article 233, defines hoarding as:


In the coming weeks, we will review the market situation bean in Central homemade floor cleaner America, and analyze policy proposals for improvement. However, given the extensive coverage homemade floor cleaner to the subject, it is important to start with some explanations on two situations that can affect prices, hoarding and speculation. Today, we discuss hoarding.
Hoarding is the practice of withholding or buy goods in large quantities before they reach the consumer market with the aim of selling when prices of these goods resulting higher current. Includes the expectation of increased demand and / or supply reduction, as any speculator. However, unlike when the practitioner has the ability homemade floor cleaner to purchase a sufficient amount of product to exert a direct and disproportionate influence on the market price.
Some aspects make a product more susceptible to hoarding, for example, an inflexible supply, ie it can not respond quickly to higher prices. On the consumption side, the quantity demanded to be reduced less in proportional terms compared to the price increase, ie that the product has an inelastic demand, as often the basic necessities such as food, they do not have close substitutes.
Another common aspect to hoarding may occur is a small market, especially with a small number of bidders, and where information is scarce or imperfect. homemade floor cleaner Both conditions facilitate the work of the hoarder to accumulate large volumes without the rest of the market knows.
It is common to hear complaints of these types of practices homemade floor cleaner in times of natural disasters or civil insurrection or war, since flows of foreign goods may be interrupted temporarily, which also contributes to the ability to act hoarders.
In determining practice, it is important to establish three components: The definition of the relevant market, to delimit the area of research and dimension damage. The position of market dominance of the operator, by analysis of supply and utilization, inventory and price behavior. The abuse of this power domain through hoarding or other relevant abusive practice.
In reviewing homemade floor cleaner national and international jurisprudence, are very few cases of fines or penalties for hoarding, but it is a common accusation when a significant price increase occurs. But why is it so difficult to identify and prove the existence of hoarding? It is important to have a better definition of these practices.
Thus, several homemade floor cleaner concerns highlighted in the determination of hoarding. Where is the line between normal homemade floor cleaner and prudent inventory and hoarding? What level of market concentration is sufficient to allow hoarding or price manipulation? How much will have to change the prices of a product to open an investigation? These questions are further complicated because the laws do not indicate specific thresholds and responses to each concern may vary by product. homemade floor cleaner
In El Salvador, the Consumer Protection Act (LPC) in August 2005, in Art. 18 paragraph h), states that all suppliers "The use of any deception or artifice to achieve price hike is prohibited or hoarding food or necessities ". Then, you can interpret that, for the purposes of this Act, the abusive practices that result in a price increase include but are not limited to hoarding. The LPC defines fines from 50 to 500 minimum wages for urban industry, depending on the severity of the offense. However, in Art. 49, where several criteria for determining homemade floor cleaner the fine in these cases mentioned, specifically states that "offenses tend to raise prices or hoarding of goods and services in times of scarcity are considered aggravated or public ... "calamity.
. Then the Penal Code April 1997, in Article 233, defines hoarding as: "Whoever keeps them in stock, sustrajere or retuviere outside the normal trade items or staples, causing or likely to cause inordinate rise in prices, according to the competent administrative authority, homemade floor cleaner shall be punished homemade floor cleaner with imprisonment of three to five years. When committing the crime in a state of national homemade floor cleaner emergency or public calamity, shall be punished with imprisonment from four to six years. "
After his research in the Consumer Protection (DC), cases of abuse may be sent to the DC Court of Sanctions and / or the Attorney General's Office (FGR). The powers of the Court Sanctioning D

No comments:

Post a Comment