Detsky Mir, at the suggestion of the Federal Antimonopoly Service, limited the margin on the most popular products in 2023

Detsky Mir, at the suggestion of the Federal Antimonopoly Service, limited the margin on the most popular products in 2023

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At the suggestion of the Federal Antimonopoly Service (FAS), the Detsky Mir chain of stores will extend the margin limit for the most popular goods. The margin limit will be no more than 20% of the value of the goods.

“Children’s World has extended voluntary commitments to limit markups for the entire year of 2023. Mark-ups on the 40 most popular children’s products are limited to no more than 20%,” reads a press release on site FAS. Items that will be affected by the price cap include baby food, diapers, skincare and other baby products.

In December 2022, the State Duma recommended limiting markups on essential goods at the level of 10-15%. After the entry of Russian troops into Ukraine, the Ministry of Agriculture, FAS and the Ministry of Industry and Trade agreed parameters of voluntary markup limits for basic products.

On limiting markups on goods in Russia – in the material “Kommersant” “Food measured markups”.

Andrey Sapozhnikov

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