Hike in prices of goods not due to cartels, says Rosol

KUALA LUMPUR (Bernama): The hikes in the prices of goods are not caused by cartels but due to the inefficiencies in supply chains, said Deputy Minister of Domestic Trade and Consumer Affairs (KPDNHEP) Datuk Rosol Wahid (pic).

He said the finding was the outcome of a study conducted by the Domestic Trade and Consumer Affairs Ministry (KPDNHEP) through the Malaysian Competition Commission (MyCC) on the food sector market which focused on several items of goods such as beef, mackerel, round cabbage and others.