Correa Breaks Bread
Price Gouging
Expectations that the
price of bread would
further rise Monday come
up against the
Ecuadorian government's
warning about
establishing an official
price for that important
product.
President Rafael Correa
warned on the weekend he
will reject any
intention by
businesspeople to
increase the price of
that product unfairly.
He made his statements
after the Association of
Bakers in Pichincha, the
province where the
capital is located,
announced a 20 percent
rise in the price of
bread.
If they do so "we will
take over the bakeries
and set an official
price," Correa alerted,
and pointed out such an
action has no
justification.
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