Venezuelan leader Hugo Chavez has seized control of a foreign supermarket chain, Exito, after he accused the company of hiking its prices. Mr. Chavez said the joint French-Colombian supermarket chain was guilty of breaking Venezuelan law on price controls and would now pass into state hands. <br/><br/>He said any other company increasing prices also risked nationalisation. Exito was among more than 200 stores accused of raising prices during the country's recent currency devaluation. So far there has been no comment on the move from the Exito supermarket chain. It comes as Venezuela's trade relations with Colombia are particularly poor following a dispute over Colombia's decision to grant the US access to seven military bases on its soil.