In the near future, the Cabinet of Ministers is expected to adopt a resolution to control and ensure price stability for goods of strategic and social importance, the Antimonopoly Committee said.

On the basis of the document, control will be carried out on unreasonable price increases for the following products:

— 45 types of highly liquid and monopoly products (gasoline, coal, metal, cement, etc.);
— 10 types of socially significant consumer goods (flour, meat, bread, sugar, vegetable oil, etc.).

The Antimonopoly Committee will monitor the dynamics of price changes for the above goods, analyze the factors and causes that affect price fluctuations.

In order to study unjustified price increases, the committee’s employees will be allowed to enter the premises of economic entities, regardless of their legal form, and take an inventory of stocks available in warehouses.

In addition, the committee will issue instructions that are binding on the sale of excess volumes of products identified during the inventory, and the reduction of unreasonably high prices.

“In case of failure to comply with the instructions within the established timeframe, measures will be taken to bring to responsibility in accordance with the law,” the report says.