10 Oct 2021, 07:04

United Duchies passes price floor law
United Duchies has passed a price floor law for purchasing materials and products in order to combat unfair trade. The government has announced it will work with the fairtrade council to set buying price minimums in order to ensure all suppliers regardless of country are fairly paid and can make a profit without exploiting workers,child labour or cutting environmental standards. The price will apply to any Duchies registered subsidiary or company,with the price aimed to provide not only fair conditions for workers but also ensure a stable supply chain. It will also expect a fair trade certificate for products to be imported from countries with known lower labour standards.The act is expected to raise prices by up to 15-30% in many cases opposition parties have criticized the law for "hurting the poor of the country".