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Government looks to tackle Swiss high prices

National News // May 10, 2018

The government has rejected the Fair Price initiative which calls for regulations to stop foreign companies adding a ‘Swiss surcharge’ to goods imported into the country.

pixabay Government looks to tackle Swiss high prices

Although the government says it acknowledges the problem of Switzerland being more expensive than other European countries, it says the aims of the initiative would threaten business relationships which would jeopardize jobs.

But it proposes another solution – using the power of the market – to give more freedom to importers and company procurement departments.

Tags: vote, economy, bern, prices

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