COVID - 19 – Maximum Prices – Alcohol based Hand Sanitizer

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Maximum Prices – Alcohol based Hand Sanitizer

Resolution 115/2020

On April 17, 2020, Resolution 115/2020 of the Secretariat of Domestic Trade, of the Ministry of Productive Development, was published in the Official Gazette, which aims to set maximum reference prices for the commercialization of alcohol based hand sanitizer, comprising this category to all similar hand-washing products that contain alcohol as a primary component. Likewise, it was established that the periodic information obligation of economic agents in the chain of production, distribution and commercialization of alcohol based hand sanitizer (provided by Resolution 86/2020 in its section 4) shall be carried out by the Remote Procedures platform ("TAD", in its Spanish acronym). This resolution entered into force on April 17, 2020.

Link: https://www.boletinoficial.gob.ar/detalleAviso/primera/227939/20200417

Resolution 115/2020 complements the health regulations already issued in terms of protecting the population by ensuring access to basic goods, especially those that protect individual and collective health.

In this regard, on March 11, 2020, Resolution No. 86 was issued, which established the retrocession of the sale price of alcohol based hand sanitizer, a sanitary supply absolutely essential in current circumstances to guarantee correct hygiene that allows the preservation of health and avoidance of the spread of the Coronavirus, COVID-19, at the value of February 15, 2020. This regulation also imposed the obligation on all companies that are part of the chain of production, distribution and commercialization of said product and its supplies to weekly report to the Undersecretariat of Actions for Consumers Protection the sale prices of such goods during the period of validity of the aforementioned resolution.

In order to complement this regulation, which aimed at protecting consumers and public health in general, Resolution 115/2020 established maximum reference prices for the sale of alcohol based hand sanitizer in all the most common and demanded presentations, based on the following breakdown:

 

Capacity indicated in Milliliters (ml)

Maximum Price indicated in PESOS (AR$)

60

$ 110

65

$ 115

100

$ 160

250

$ 250

500

$ 315

1000

$ 500











On the other hand, regarding the obligation of information affecting all the agents of the chain of production, distribution and commercialization of alcohol based had sanitizer in all its presentations, due to the measure of social, preventive and mandatory quarantine ordered by the National Government in order to maximize sanitary security measures, the aforementioned resolution provided that the Remote Procedures platform (“TAD”) shall be used to fulfill said obligation. Likewise, the regulation emphasized that this information shall contain the description of each product commercialized by the aforementioned economic agents with the indication of the type of presentation and its respective sale price.