The Ministry of Economy of the Nation established that the Fair Prices program “It will be valid until December 31, 2023” and also specified the contract models of the companies that produce the distributed inputs that agree to participate in the initiative. The measure was ordered by Resolution 1077/2022, published this Monday in the Official Gazette

Resolution 823 of last November 10, which created Fair Prices, was limited to companies supplying Mass Consumption Goods, retail and wholesale supermarkets, and did not set the term of the program, beyond establishing that the agreements with each company it would run from November 2022 to the end of February 2023.

Mindful of this situation, in the recitals of Resolution 1077/2022 it is indicated that “It is necessary to clarify the term of validity of the Fair Prices Program” and empower the Ministry of Commerce to “issue the necessary clarifying regulations”.

Likewise, they are incorporated to the companies that produce inputs disseminated, considered as the “Producers of strategic products for the national industry that, as a result of an industrial process, are part of the production chain of a large part of the mass consumption products, among others.”

These companies, if they sign the adhesion agreement to the program, “They must sell, constantly and uninterruptedly, the products that they market and that will be detailed at the time of signing the aforementioned agreement” between December 2022 and February 2023.

In the event that the provision of a product is impossible for reasons beyond the control of the companies, “They must give reliable notice of this to the Undersecretary of Policies for the Internal Market” within a period of no more than 72 hours of becoming aware of said impossibility.

In this framework, it will be considered that the companies incurred in infringement when they do not respond in a timely manner to the information requirements or when the breach of any of the provisions of the resolution and the clauses of the agreement they sign is verified.


Source: Ministry of Economy of the Nation