Submitted by Daddy-YO on Tue, 2014/04/01 - 06:56.
In this micromanaged economy, a move to prevent people from buying excess food at subsidized prices to then resell at a handsome profit.
"Critics say it’s another sign the oil-rich Venezuelan economy is headed toward Cuba-style dysfunction." WashPost-AP, 4/1/14
Plus: "Forget rent control: Property owners in Venezuela are being squeezed by a new law requiring them to sell to longtime tenants." WashPost-AP, 3/31/14
They have 60 days to come up with a 'fair price' or face fines of more than $40.000.