The Ministry of Economic Development will work out proposals to limit discounts on marketplaces

The Ministry of Economic Development of Russia is considering proposals from the Central Bank of the Russian Federation to limit the ability of marketplaces to set discounts on goods. This was reported to TASS on November 24 by the ministry's press service.

"The letter from the Ministry of Economic Development has been received and is being processed. At the same time, we consider it necessary to emphasize that in the current version of the 289-FZ "On the Platform Economy" it is already possible at the government level to set the necessary requirements for the price of goods on platforms," the ministry said.

The ministry noted that any restrictions on discounts or ongoing programs should be considered comprehensively.

Non-free cash register: The State Duma is asking the authorities to assess the risks of price increases due to the cancellation of discounts on marketplaces.

The deputies believe that this may lead to the unavailability of many goods for the population.

On November 20, the heads of Russian banks made a proposal to ban direct discounts and bonus programs for marketplaces. An exception is planned to be made for proprietary products of marketplaces and socially significant product categories.

Wildberries (WB) founder Tatiana Kim said on November 21 that marketplaces have always been a socially responsible business, and approval of this initiative could lead to higher inflation. Lawyer Andrey Alyoshkin added that the initiative to ban marketplaces from using loyalty programs is illegal.

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