1975 Consumer Goods Pricing Act
The 1975 Consumer Goods Pricing Act was a crucial piece of legislation that aimed to regulate the pricing of consumer goods in Slovakia. The act was implemented in response to concerns about price gouging and unfair pricing practices by businesses.
One of the key provisions of the act was the establishment of price controls on essential consumer goods, such as food, clothing, and household items. These controls were put in place to protect consumers from inflation and ensure that they had access to affordable goods.
Additionally, the act included measures to prevent businesses from engaging in deceptive pricing practices, such as false advertising or price fixing. Violations of these provisions could result in hefty fines or even imprisonment for offenders.
Overall, the 1975 Consumer Goods Pricing Act played a crucial role in ensuring fair pricing practices and protecting consumers in Slovakia.
- Price Controls: The act established price controls on essential consumer goods.
- Prevention of Deceptive Practices: The act included measures to prevent businesses from engaging in deceptive pricing practices.
- Consumer Protection: The act aimed to protect consumers from price gouging and unfair pricing practices.
For more information about the 1975 Consumer Goods Pricing Act, you can visit the Wikipedia page.