Limiting purchases could spark another round of panic buying, says consumer group

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The Malaysia Consumers Movement says people will assume there is an issue with supplies if limits are placed on the purchase of basic necessities. FMTNews MCO MCM Covid19

The Malaysia Consumers Movement is urging people to buy only what they need for the next two weeks.

The Malaysia Consumers Movement says capping the number of purchases as suggested by Pakatan Harapan would imply that there is not enough stock in the market. The opposition coalition had recently mooted the idea, saying it could be done under the authority of the domestic trade and consumer affairs ministry.This followed reports of panic buying and profiteering due to the MCO, implemented to curb the spread of Covid-19.

“At this point in time, the government needs to continue assuring the people that there is enough stock, and that they should purchase only what is needed.”

 

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