Venezuela Seizes Chain of Electronics Stores

Accuses operators of charging too much


Venezuelan President Nicolas Maduro ordered the "occupation" of a chain of electronics stores after the socialist government accused the company of overcharging its consumers.

Troops went to the Daka chain's five stores and ordered the company to start selling its products at lower prices, Reuters reported. Several managers of the company were arrested.

Maduro pledged in a speech Friday to sell off the chain's entire inventory of washers, plasma televisions and other goods for a "fair price," the BBC reported.