Thai coup threatens retailers

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By  Published  October 31, 2006

Multinational supermarket groups in Thailand are re-assessing growth plans after the military seized control of the country in a bloodless coup. The new government has created a special committee to establish new rules and guidelines for the expansion of retailers, under which they are prohibited from practices such as selling products below cost, asking suppliers for big discounts, and demanding higher listing fees for new products. Violators could be fined up to THB6 million (US $160,000) or imprisoned for up to three years.

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