Coronavirus

Customer protection service steps in to curb price abuses in hand sanitizers, hydroxychloroquine in São Paulo

On the first day of quarantine in São Paulo state, the local customer protection service (Procon) informed that 346 out of 449 visited shops were instructed to present fiscal receipts of their hand sanitizer purchases and sellings, in order to ensure companies are not profiteering off primary care products. The remaining shops were not selling the product

The visits happened from March 16 to March 23, therefore, partially before Governor João Doria announced supermarkets and drugstore chains would sell hand sanitizers at cost price, as an attempt to maintain the supply for the entire population. Purchases are limited to 2 units per person, though. 

Procon has also demanded explanations from the National Association of Pharmaceutical Input Importers and Resellers due to complaints of a steep increase in hydroxychloroquine prices. The product has been announced by president Jair Bolsonaro as a potential cure for Covid-19, despite the fact that medicine’s effectiveness against coronavirus has not yet to be established concretely by medical science.

Natália Scalzaretto

Natália Scalzaretto has worked for companies such as Santander Brasil and Reuters, where she covered news ranging from commodities to technology. Before joining The Brazilian Report, she worked as an editor for Trading News, the information division from the TradersClub investor community.

Recent Posts

Market Roundup: Brazil’s plan to protect green investors from forex risks

President Luiz Inácio Lula da Silva issued a provisional decree laying the foundations for Eco…

11 hours ago

Lula’s proposal to give the tax reform some teeth

Finance Minister Fernando Haddad on Wednesday delivered to House Speaker Arthur Lira a bill with…

1 day ago

Brazil’s mid-month inflation index slows down again

Brazil's IPCA-15 mid-month inflation measurement posted a 0.21 percent increase in April, following the 0.36…

1 day ago

Telling Europe the untold story of Brazil’s green potential

It is not about denying the environmental problems and challenges Brazil faces — that are…

1 day ago

Petrobras shareholders vote to pay extraordinary dividends

Shareholders of Brazil’s oil giant Petrobras approved in a Thursday general meeting the payment of…

2 days ago

Earth Day “celebrations”

This week, the world celebrates International Earth Day, a yearly call to action to confront…

2 days ago