Price fixing by factory owner
There are certain factories owned by some big shot owners that have developed monopolistic behavior. They have colluded to fix prices of the product and are creating an artificial shortage. There are all signs of practices that are anti competitive. Is there a law that can protect consumers in such a scenario?
JL, Dar
The Fair Competition Act comes to your protection. This act established the Fair Competition Commission (FCC) which oversees such activities and protects the interests of consumers. The Act has under it the Fair Competition Rules. Under the said rules there are provisions on how complaints are handled. As a consumer you can complain by submitting information to the FCC in any manner, or complaining using a standard form that the FCC Rules provide. Thereafter the investigation department of the FCC will investigate the complaint in view of determining if those against whom you have complained against have a case to answer or not. The Commission can use its discretion whether to entertain your complaint or not and if not entertained reasons must be provided. We suggest that you take the route above and fight for your rights through the FCC.