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Chamber of Commerce does not support price gouging

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Posted: Friday, March 13, 2020. 3:52 pm CST.

By BBN Staff: The Belize Chamber of Commerce and Industry (BCCI) has called upon the business community to refrain from hiking up prices of essential supplies as the country prepares for the coronavirus (COVID-19) pandemic to reach Belize.

The BCCI issued a statement today noting that it has received multiple reports that businesses are drastically increasing the prices of items such as hand sanitizers, masks, and disinfectants. The BCCI asked businesses not to engage in price gouging, reminding business owners that the COVID-19 outbreak is now classed as a global pandemic.

The chamber also said that it is willing to partner with all relevant stakeholders in legitimate efforts to ensure that there is a
humanitarian approach set out to deal with the COVID-19 pandemic.

The Belize Bureau of Standards (BBS) has said that it has not received any official report of price gouging, however, our newsroom received a photo showing that a store in San Ignacio had essentially tripled the price of a bottle of hand sanitizer. Reports are also circulating that stores have begun the practice of removing the expiration dates from items like hand sanitizer and isopropil alcohol.

 

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