Fresh Produce Market Inquiry identifies competition problems

  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 75%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

The Competition Commission’s Inquiries are conducted to see if there is any anit-competitive conduct in an industry.

The Fresh Produce Market Inquiry conducted by the Competition Commission identifies suppliers of fertiliser, agrichemicals and seeds as part of the problem surrounding competition in the South African market.

The Inquiry conducted its assessment according to three themes that cover the entire fresh produce value chain: The market size of the domestic market in South Africa is currently estimated at over R53 billion annually, with about R21 billion for fresh produce sold at national fresh produce markets and about R32 billion at formal retail.

“Some questionable practices of the market agents were also uncovered. These practices have the likely effect of distorting market outcomes. To resolve instances of practices such as stock reservation and credit sales, the industry regulator together with the markets must play an active oversight role,” Ratshisusu says.

In the seeds industry, the Inquiry found instances of companies charging farmers exploitative prices as the inquiry noted that price increases for certain seeds popped up where these firms have high market share.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 6. in SA
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Shaun Stylist Learns to Produce Music, Sets Sights on Global Market Following ‘Manje Monday’ ReleaseShaun Stylist opened up about his plans for his music career, saying he has dreams of being an international star and is learning to produce music.
مصدر: brieflyza - 🏆 10. / 68 اقرأ أكثر »