Exclusive Agents: Consumer interests hurt by monopolies in market - Gulf News
Mohammad Ebrahim Al Shaiba, a UAE national lawyer, said fair pricing can be realised by maintaining competition in the market and abolishing the system of sole agents or suppliers of certain goods.Give the man an A in economics!
"The Ministry of Economy and Planning must cancel the system of sole agents who have exclusive rights to import certain commodities.
"These agents control supply of goods and fix prices to make unreasonable profits. Why should the law leave the fate of society in the hands of an agent or two?"
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