In Uzbekistan, artificially inflating prices before discounts has been banned

In Uzbekistan, it is forbidden to inflate prices, and then lower them, pretending to be discounts, as follows from the Cabinet’s decree.

The new regulations are aimed at protecting buyers and ensuring transparency in the market. According to the document, the “old price” indicated on the price list must be the lowest in the last 30 days. Agricultural products were an exception. During the promotion, the price cannot be printed larger than usual if there is already a price tag on the product.

Stores are also obligated to:

• notify the tax authorities of the sale at least 10 days in advance;
• maintain records of prices for the last month;
• to provide buyers with information on the dynamics of value upon request.

Conducting promotional campaigns is permitted only for legally sold goods. Alcohol, beer, tobacco products, and nicotine devices are excluded from the list. If personal data is required to participate in the promotion, the seller is obliged to comply with the law “On Personal Data” and inform the buyer about the purposes of their use.

Recall that in June, Uzbekistan proposed to improve trade regulations and make this process more transparent by clearly establishing a mechanism for discounts and promotions. It was reported that sellers will be required to report all details and conditions in advance.