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Hangzhou Probes into Illegal Pricing at Wal-Mart and Other Stores

Hangzhou Probes into Illegal Pricing at Wal-Mart and Other Stores
Nov 30, 2011 By eChinacities.com
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On November 30th, the Hangzhou Bureau of Commodity Prices announced the ten most common illegal pricing methods in 2011. The following examples from Wal-Mart were on the list:

  1. At the Wal-Mart Linpin branch in Hangzhou, the shelf price for a bag of "Boli Seaweed" is 16.90 RMB, while the price that rings up at the checkout is 21.50 RMB
  2. The discount price for a Konka 24-inch LCD TV (1,399 RMB) is in fact the same as its regular price...

By the end of October, 227 cases of illegal prices had been investigated in Hangzhou, with over 15 million RMB in sanctions being imposed on the guilty stores.

See also: New National Standard for Frozen Food Implemented on December 21

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Keywords: Hangzhou Bureau of Commodity Prices Hangzhou illegal pricing investigations Wal-mart illegal pricing Hangzhou Wal-mart illegal pricing Hangzhou Hangzhou illegal pricing investigations Hangzhou Bureau of Commodity Prices

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