Posts tagged as regulate prices

New law allows Lithuanian government to regulate prices

Wednesday, April 8, 2020

The Lithuanian government will be able to regulate prices of essential goods during quarantine after the parliament passes the law in second attempt. While critics say interference in the market may make matters worse, Prime Minister Saulius Skvernelis has insisted that the government must have the tool at its disposal, even if it has no intention of using it. The amendment to the Law on Civil Safety was endorsed by…