Price control does not build strong economies and is a hindrance to investment and job creation.
This is the stand of the Fiji Fuel Retailers Association as they are pushing for a 6% retail margin on all fuel products.
A 3.5% margin was granted to the Association in February this year for unleaded fuel and premix.
However, President Baljeet Singh said the interim margin only related to about 35% of their sales volume.
Singh said their margins are still the lowest in the Pacific which need to be rectified.
The Commerce Commission is expected to make a decision by July on their proposal.
Story by: Sofaia Koroitanoa
