Philenews

A thousand euros and… we’re done!

Published December 30, 2025, 12:17
A thousand euros and… we’re done!

The Consumer Protection Service has imposed an administrative fine of €1,000 on a canteen for overpricing bottled water. The business sold the water for €1.00, while the maximum retail price had been set at €0.60 by Decree. The business justified the action as an employee's mistake, while the reduction of the fine was based on its financial situation and social obligations. This decision is causing a stir and raising questions about the effectiveness of fines for profiteering. The article questions whether a fine of €1,000 acts as a deterrent for businesses or is simply considered an operating cost easily covered by increased profits. The 66% price increase above the legal limit highlights the need for stricter penalties to protect consumers.