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CAA Cracks Down on Overpricing as Courts Impose Rs. 1.5 Million in Fines - Business News LK
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CAA Cracks Down on Overpricing as Courts Impose Rs. 1.5 Million in Fines - Business News LK
The Consumer Affairs Authority (CAA) has stepped up action against businesses that sell regulated goods above approved prices. Two recent court cases have resulted in fines totalling Rs. 1.5 million for overpricing bottled drinking water and imported Keeri Samba rice. The Bandarawela Magistrate’s Court fined Hotel, located in Nafora Ella, Karadagolla, Rs. 1 million for selling bottled drinking water above the regulated price. CAA officers from t…
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