Today’s issue of the Official Gazette contains a regulation that concerns all consumers. The regulation made by the Ministry of Commerce brings a remarkable criterion for discounts, which is the subject of various discussions from time to time. According to this regulation, the previous price of a product to be discounted will be based on the lowest price of the last 30 days, not the label price before the discount.
The regulation, published in the Official Gazette, will enter into force as of 1 March. Thus, the discounts will be determined over the prices in February. It seems that the Ministry of Commerce will try to combat the logic of “first overlay, then discount” with this move. We will see over time how regulation can be controlled and how effective it will be.
The regulation in the Official Gazette is as follows:
“The sale price of the good or service subject to discounted sale, the price before the discount, tariffs and price lists and labels In the determination of the sales price of the goods or services subject to discounted sale before the discount, the lowest price applied within thirty days before the discount is applied.For the labels of perishable goods such as fruits and vegetables, the price before the discounted price is taken as the basis when calculating the discount amount or rate. The burden of proof regarding these matters lies with the seller or supplier.
The regulation made by the Ministry of Commerce seems to apply to some of the basic food products. Because when we look at the article in the Official Gazette, it is stated that the calculation for perishable goods such as fruits and vegetables will be made according to the price before the discounted price.
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