Government Moves to Cap Prices on Potable Water at Key Venues
In a decisive step towards consumer protection, the government has introduced a bill that could significantly impact the cost of bottled water at various venues across the country. The legislation, presented on Thursday, is designed to implement a price ceiling on potable water in environments where competition is deemed insufficient to keep prices in check.
The minister of industry is at the helm of this initiative, empowered by the new bill to set maximum prices for retail goods, with a particular focus on bottled water. The price cap is expected to be enforced in locations such as airports, harbours, sports facilities, and cultural sites including beaches, archaeological areas, and museums. Healthcare establishments and entertainment venues like theatres, cinemas, and theme parks are also on the list.
With the economy facing challenging times, the bill’s primary objective is to shield consumers from overpricing. It clarifies that the price limit will only pertain to self-service purchases of bottled water, specifically in 500ml or 750ml quantities. To establish a fair maximum price, a comprehensive market survey will be conducted. This survey will consider production or import costs, operational expenses, and an equitable profit margin for retailers.
Enforcement measures have been outlined to ensure compliance with the proposed law. The consumer protection service is authorized to levy administrative fines up to €10,000 for any initial infringement. Should the offender continue to disregard the price cap, a daily fine of €1,000 may be imposed for each day the violation persists.
Notably, fines are to be paid immediately, and appealing to the administrative court won’t suspend the payment obligation. In cases where fines are not settled, the ministry is prepared to pursue legal action to recover the amounts as civil debt owed to the state.
This legislative move marks a significant effort by the government to balance economic realities with consumer rights, ensuring that essential goods like water remain accessible and fairly priced in key public spaces.
