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Morocco's Watchdog Investigates Alleged Price-Fixing in Sardine Market
To uphold fair competition and protect consumer interests, Morocco's Competition Council has initiated an investigation into potential violations of antitrust laws in the country's sardine supply market. The council's interim general rapporteur announced the probe on Tuesday, pointing to preliminary findings that suggest a possible price-fixing agreement among certain economic operators in the sector.
According to a statement from the council, this alleged collusion among market players could distort free competition and harm consumer welfare. The watchdog is determined to examine the competitive functioning of the relevant market, emphasizing its commitment to ensuring a level playing field for all participants.
The investigation follows Morocco's Law 104-12 on price freedom and competition, which prohibits explicit or implicit actions, agreements, arrangements, and coalitions that impede fair competition. The council cited Article 6 of the law, which deems such practices unlawful, especially when they aim to limit market access, obstruct the free exercise of competition, or artificially manipulate prices.
In a separate development, the council announced plans to investigate reports of potential price hikes in the country's cafe industry. Preliminary findings suggest that certain cafe owners and managers might be considering raising beverage prices, which could also constitute anti-competitive behavior.
As an independent institution tasked with promoting and safeguarding competition in Morocco's market, the council's investigations highlight its commitment to maintaining a fair and transparent business environment, ensuring that consumers are not exploited by anti-competitive practices.
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