TBILISI, March 16 – Nearly three months after Prime Minister Irakli Kobakhidze criticized high retail markups, lawmakers are pressing supermarket chains to explain how shelf prices are actually formed. At the parliamentary commission’s seventh working session on Monday, representatives of large retail operators including Carrefour, Ori Nabiji, Nikora and Daily Group were called in to … Read more
TBILISI, February 11 – A planned protest march in Tbilisi on Saturday will have the slogan “Prices are suffocating us,” while parliament is probing how prices are set for basic goods such as food, medicines and fuel. Organizers of the street march said Tuesday that the focus will be on the cost of living in … Read more
TBILISI, January 21 – Georgian Prime Minister Irakli Kobakhidze met with 15 representatives of major supermarket chains on Wednesday, putting rising grocery prices at the center of a growing government crackdown on retail markups. Speaking after the meeting, Kobakhidze said everyday food items in Georgia cost significantly more than in parts of Europe. He pointed … Read more
TBILISI, August 31 – In Georgia, local farmers and food producers are struggling to compete with imported goods, not because of lack of supply, but due to the many fees supermarkets impose to get products on their shelves. Almost every supermarket in the country is filled with imported food. Domestic products are harder to find, … Read more