Balgarianovinite.com The parliamentary ad hoc budget committee on Tuesday adopted two bills, submitted by Progressive Bulgaria MP Yavor Gechev and a group of MPs, aimed to contain prices and end unfair trade practices.
Amendments to the Protection of Competition Act provide for a ban on “excessively high selling prices”. The bill also provides for the establishment of a central electronic register for traceability along the supply chain of agricultural and food products and raw materials, as well as other products at the wholesale trade stage, from business operators to distribution to the end consumer.
A second bill to amend the Consumer Protection Act transfers provisions from the Euro Adoption Act and extends their application by one year beyond the initially planned deadline. The amendments will remain in effect until August 9, 2027.
Opposition parties were skeptical of the proposals. Continue the Change (CC) leader Assen Vassilev said that proposed amendments to the Consumer Protection Act and the Protection of Competition Act will not lead to lower prices and may even have the opposite effect.
Beyond two provisions, related to expanding the definition of unfair practices in contracts between retail chains and producers, according to Vassilev, the remaining texts in the draft are “very concerning”. According to him, imposing administrative burdens usually backfires and may trigger a further increase in prices.
GERB-UDF remains skeptical of the proposals, MP Vladislav Goranov said.
“We disagree with the reasoning that the introduction of the euro is the main inflation booster and we are convinced that in fact the automatic increase in wages and expansionary fiscal policy led to what is happening with prices,” Goranov said, adding that the caretaker government did not control these processes within the framework of existing legislation.
Goranov said that the current legislation also contains sufficient instruments allowing the state to act, including measures proposed by GERB in the past.
The anti-inflation measures proposed by the ruling majority create misleading public expectations and could ultimately lead to additional price increases, MP Martin Dimitrov of Democratic Bulgaria said. Parliamentary Committee Adopts Two Bills to End Unfair Trade Practices, Contain Inflation 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-05-12 18:52:00 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law