Use competition law on profiteering


THERE is great expectation among consumers that they would be paying less for goods and services when the Sales and Service Tax (SST) is implemented next month.

The numerous comments about its implementation remind me of the days before and after the Goods and Services Tax (GST) was imposed. I was in the midst of it all in the Domestic Trade, Cooperatives and Consumerism Ministry. While it was expected that there would be some increase/reduction in prices, the “over selling” of the efficacy of GST in order to convince the public to accept it proved to be a bad strategy.

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