In Venezuela, people, some of them even take days off, are lining up before the electronic appliance stores to buy discounted electronics such as TV and fridges. Due to the high domestic inflation, which is as high as 50% in last year, the price of goods and services in Venezuela has soared, so are the electronics. In order to regulate the increasing of the prices and provide well-being to the people, president Nicolas Maduro has imposed a law forcing stores sell electronics at a “fair price” which is far below the price store owners are willing sell them. To control the potential loss from the law, some owners of stores decide to close them. Several people are arrested in this action. Using the troops, the Venezuela government has took over some of stores and force them to open and sell goods to the people at “fair prices”. Although the action is supported by some, either the majority of stores and people are approved this action.
