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Oman’s Ministry issues notice on price-fixing and unfair trade practices leading to monopoly

The Ministry of Commerce, Industry, and Investment Promotion has issued a reminder against merchants who engage in price-fixing.

TAS News Service

info@thearabianstories.com

Wednesday, December 11, 2024

MUSCAT : Oman’s Ministry of Commerce, Industry, and Investment Promotion has issued a warning to merchants who engage in price-fixing schemes. The ministry clarified that agreements between businesses to provide large quantities of products at a very short time to manipulate prices violate the Competition Protection and Anti-Monopoly Law.


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