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Bangkok Post
Bangkok Post
Business

HISTORICAL FACTS: Price watch teams formed - The Untold Story

A shopper examines a lantern on Yaowarat Road in Bangkok's Chinatown on Wednesday, as people flock to buy decorative items ahead of the upcoming Chinese New Year festival. (Photo: Pornprom Satrabhaya)

The Commerce Ministry has set up 55 teams to inspect the prices of goods and food throughout Bangkok and surrounding provinces to prevent price gouging and hoarding as prices continue to spike.

According to Wattanasak Sur-iam, director-general of the Department of Internal Trade, the inspection teams are set to take immediate legal action against merchants who do not display price tags or who raised product prices unfairly or unreasonably.

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