Traders should not hike prices arbitrarily, says Rosol


KUALA LUMPUR: Traders should not increase prices unreasonably in a way that burdens consumers, says Deputy Domestic Trade and Consumer Affairs Datuk Rosol Wahid.

He said that although Malaysia has an open economy where prices are determined by forces of supply and demand, traders are still subject to the provisions of the Price Control and Anti-Profiteering Act (AKHAP) 2011.

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Rosol Wahid , price hike , food prices , consumer , burden

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