The Consumer Protection Association, Efektiva, has urged consumers in Serbia to boycott five major retail chains due to what it describes as excessively high prices. The boycott targets supermarket chains Delhaize, Mercator, Univerexport, DIS, and Lidl.
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A Regional Movement Against High Prices
The boycott initiative originally began in Croatia, spearheaded by the consumer rights group "Halo, Inspektore" (Hello, Inspector) at the end of January. The group initiated a one-week boycott of supermarket chains Eurospin, Lidl, and DM, as reported by albinfo.ch.
The movement quickly spread to other parts of the Western Balkans, including Bosnia and Herzegovina, Montenegro, and Slovenia. Following this trend, North Macedonia also joined the initiative, and Kosovo is expected to follow suit soon.
Impact of the Boycott
A report from the Croatian tax administration revealed that the boycott in Croatia led to a significant 53% drop in sales compared to the previous week. This sharp decline in consumer spending indicates that such organized boycotts can exert considerable pressure on retailers, potentially compelling them to reconsider their pricing policies.
As the movement gains traction across the Balkans, it remains to be seen whether similar economic impacts will be observed in Serbia and other participating countries. The success of this initiative could signal a shift in consumer activism in the region, urging businesses to adopt fairer pricing practices.