He said a special task force had been set up to study the monopoly of some businesses and services that could have contributed to the high cost of living in the country.
“A lot of sources are being controlled by some individuals and big companies. The government is looking for ways to spur businesses towards healthy competition in the market,” Saifuddin said at the MIDF Group luncheon talk on the rising cost of living on Wednesday.
He said the task force would make recommendations on the four companies to Cabinet.
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