FCCC reviews price control order for cement products

FCCC reviews price control order for cement products

By Rashika Kumar
Friday 01/03/2024
Source: Business Today

The Fijian Competition and Consumer Commission order that controls the prices of cement products in Fiji, including their ex-factory, wholesale, and retail supply, is now under review.

This comes as the FCCC (Control of Prices for the Supply of Cement Products) Order 2021 expires on June 22nd.

The FCCC says it is inviting interested parties to submit their perspectives, feedback, and recommendations regarding the existing order, including the possibility of extending it.

FCCC says they are an independent statutory authority whose role is to enforce the FCCC Act 2010, promoting competition, fair trading, regulating prices in markets where competition is lessened or limited, and regulating monopolistic market situations, including national infrastructure, for the benefit of all Fijians.

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