It clarified that its recent directives are solely aimed at curbing exploitative practices and maintaining a competitive marketplace.
FCCPC disclosed this in a statement by its Director, Special Duties and Strategic Communication, Ondaje Ijagwu.
The statement came in response to feedback from the Organised Private Sector and other stakeholders who expressed concerns over the commission’s recent directive to businesses to halt practices such as price gouging and price fixing.
The commission stressed that its role is not to control prices but to ensure that the market operates fairly.
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