RUSSIAN President, Vladimir Putin, is threatening to strip pharmacy licences from stores that have been found to have increased their prices for N95/P2 face masks, amid concerns over the spread of the coronavirus.
Speaking at a Government meeting, Putin, said profiteering from the spike in demand for the masks was wrong, adding pharmacies that engage in price gouging should be punished the New Straits Times reported.
Deputy Prime Minister, Tatyana Golikova, said some pharmacies had increased by between 70 and 100 rubles ($1.65 - $2.35) per mask, following the outbreak, whereas they had previously been selling for 1.5 rubles.
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