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Chavez Says He'll Seize Businesses That Raise Prices

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"Venezuelan President Hugo Chavez said that businesses have no reason to raise prices following the devaluation of the bolivar and that the government will seize any store that seeks to capitalize on the situation," according to BusinessWeek. "Chavez said he’ll create an anti-speculation committee after private businesses warned that prices would double and consumers rushed to buy household appliances and televisions. The government is the only authority able to dictate any such increases, he said."
SOURCE:   BusinessWeek