Estonia, Legislation, Markets and Companies, Retail

International Internet Magazine. Baltic States news & analytics Thursday, 28.03.2024, 19:15

Retailer Tamm criticizes Estonia's mark-up limitation on tobacco

Juhan Tere, BC, Tallinn, 21.02.2012.Print version
Estonian retailer Arvo Tamm shows disagreement over the state policy on pricing cigarettes that in his opinion amounts to facilitation of unfair competition, reports LETA/BBN referring to Aripaev.

Tamm who is also governor of Tsooru village, says that tobacco accounts for a third of his store's sales.

 

"Today, I can add only up to eight percent markup to the retail price of cigarettes, but this is not enough to cover state duties and running costs. This is why retailers are increasing price of food and primary goods," said Tamm who has been urging local retailers to consolidate against such restrictive practice and stop selling cigarettes in protest.

 

Tamm suggests that the state should liberalise pricing of cigarettes by retailers so that every retailer would be free in pricing or impose restrictions on tobacco manufacturers so that retailers could charge higher prices.






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