Taiwan News  
Date: 2018/02/24
By:  Central News Agency

Taipei, Feb. 24 (CNA) Taiwan’s cabinet, the Executive Yuan, has vowed to act if it finds

Government to look into price rises for toilet paper. (By Central News Agency)

local toilet paper vendors have colluded to raise prices without good reason.

In a statement released on Friday, the Executive Yuan said the government’s price stabilization task force under the Cabinet has asked the Fair Trade Commission (FTC), the Ministry of Economic Affairs (MOEA) and the Consumer Protection Committee to look into an announcement made by toilet paper brands earlier in the day that they intend to raise prices.

Retailers in Taiwan, including large-sized hypermarket operators, said they have been informed by toilet paper suppliers that product prices will rise by 10-30 percent, starting from mid-March at the earliest due to a spike in pulp prices in the international market.
[FULL  STORY]