Medvedev: Retailers and producers should be satisfied with lower profit
They need to understand that the level of profit should be a bit lower.
Russian Prime Minister Dmitry Medvedev
"Of course, they shouldn't work at a loss, but attempts to get all the profit you can only imagine is considered using non-competitive methods in trade and breaches anti-monopoly legislation," Medvedev added.
He noted that traders and suppliers which used a "primitive scheme" during the devaluation of the ruble are often to blame for the surge of prices.
"The ruble depreciated by a certain amount and [they] increased prices accordingly," Medvedev said. ■