New Act on Honest Relations in Food Trade

23.10.2018

The Agriculture Ministry prepared a new Act on Honest Relations in Food Trade to foster the position of food producers in relation to retailers. The Act defines 44 unfair business practices such as hidden fees and long payment periods. Maturity periods are capped at 15-30 days, instead of the current 45 days. Even Minister Gabriela Matečná (SNS) admits retailers were able to bypass the current legislation. She believes the new legislation will be more effective.

 

(sme.sk)

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Táto správa je z Ekonomiky DNES, denného prehľadu najdôležitejších ekonomických správ zo Slovenska.

This news is from the Slovak Business News TODAY, one-page summary of all the important Slovak business news.

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