Fictitious MRP - act legal metrology

Can legal metrology bring a law where for no product the MRP is above 100% of cost.

See these test strips. In market they sell for 800-900 cost is probably 400, MRP is 2800 and Ecommerce is saying 50% off or more.

Can we stop fictitious MRP? more  

4B68E661-D564-4DDC-97A0-EC471A6273AB___20191125124844___.jpeg
View all 21 comments Below 21 comments
Add of The Competition Act 2002 more  
Pl read Predatory Price under Definitions Section 2, applicable Sect 4(2) (b) more  
Let's see when the day comes. There have been demands to set prices as MOP that is Max. Operating Prices instead of MRPs which are often misleading. more  
The concern authority must monitor this subject and take necessary action to keep the maximum retail price of any goods or services. As we are proceeding toward the privatisation of semi government or full government sectors we are losing the control over the market. In this regard Government is responsible for the control over the market. more  
I agree that MRP needs to be controlled by the government, especially for diabetic and cancer drugs which have to be consumed by the patient all their lives or they will not survive. more  
Post a Comment

Related Posts

    • Even Unilever believes in Fictitious MRP

      One keeps hearing that FMCG companies operate on low margin but its actually not the case. See this attached example. Unilever top Fmcg publishes MRP of 530 for surf front loading washing powder bu...

      By Garima Sharma
      /
    • Remdesevir Black-marketeering

      MRP and legal metrology teams, why are you inactive on this all important issue. Why are legal metrology inspectors not issuing warrants if any chemist or hospital is selling this medicine more tha...

      By Harsimran Kaur
      /
    • Profiteering on masks by school

      See attached mask with logo of a school. The Govt needs to issue an order that no mask like this can be sold at obnoxious prices by school or the maximum prices that can be charged on a mask with b...

      By Sarika Bansal
      /
    • Dual MRP violations

      Where are the legal metrology teams in India? See attached. Same mask MRP of 5000 and MRP of 12500 Open loot of Poor patient/consumer who doesnt know any better in times of COVID 19 . Sh...

      By Seema Shah
      /
    • Who is responsible for administering essential goods

      Look at attached, changing the color of mask to saffron and selling for 21 rupees as opposed to 10 rupees. Where are the essential goods enforcement people and mrp controllers.

      By Nirmala Chauhan
      /
    • Swiggy looting

      See attached how swiggy is charging above mrp for essentials. The Mrp of 500 gm Amul butter is Rs 235 (screenshot) @swiggy_in is selling it for Rs 285 + Rs 50 delivery fee + Rs 23 tax. ...

      By Sandhya Agarwal
      /
    • Shared this from Connected Consumers

      online platform like (shopon ) also selling sanitizer above govt. control price i.e. rs 50 for 100 m

      By Mohit Kataria
      /
    • Book Directors of Vishal Mega Mart under LM act

      My family charged for so many items above MRP. Will the Thane or central legal metrology controller book their directors under LM act and even Essential Commodities act. All evidence attached.

      By Shivani Khiste
      /
    • Essential commodity rule violation

      Has the new rule of selling sanitizer 200 ml for 100 rupees not implemented yet? This company khadi is selling 100 ml for 160 which means 200 ml for 320. Utter loot. I am sha...

      By Shivani Batra
      /
    • Shared this from Transforming India

      Every single person should vote on it and the test should also be added in essential commodities act so no one can loot people. LocalCircles u only did private path lab survey that I read in papers...

      By Sarita S
      /
    • Sanitizer and Mask overcharging ON

      Despite the inclusion in EC act and what not, overcharging is continuing on masks and sanitizers in greater noida. Even companies like xiaomi are encouraging it. There dealers are chargi...

      By SN Mittal
      /
Share
Enter your email & mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

Please select a Circle that you want people to invite to.
Invite to
(Maximum 500 email ids allowed.)