Department of Commerce Calls for Suggestions on Market Levels and Price Standardization

Public and Consumer Input Requested Within 15 Days

The Department of Commerce has urged the public, businesses, and consumers to submit suggestions necessary for determining market levels and standards for goods and service pricing.

According to Section 13 of the Consumer Protection Act, 2075, a committee has been formed under the coordination of the department’s Director General to prepare a study report for defining market tiers and pricing standards. The department has reminded stakeholders that this committee is now actively working on drafting the required guidelines.

The department has decided to collect suggestions directly from citizens and consumers to help prepare a draft of the market-level and price-determination standards.

It stated that uniformity, transparency, effective regulation, price control, consumer protection, and overall market balance must be ensured while defining the market structure and pricing criteria of goods and services currently in practice.

The Department has requested all concerned parties to submit their suggestions—considering the basis, rationale, and clarity needed for pricing standards—within 15 days.