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Competition Commission forms inquiry committee to look into price hike

Citizens are asked to send emails to the Commission if they see any anti-competitive activity in the market

Update : 10 Mar 2022, 11:07 PM

Bangladesh Competition Commission has formed a three-member enquiry committee to check unlawful activities in the market.  

The committee has been formed to conduct operations in line with the Competition Act, 2012 regarding anti-competitive activities and artificial crisis of edible oil in the market, said a statement on Thursday.  


Also Read- With VAT withdrawn, price of cooking oil will be reduced by Tk30 per litre


It said that the Commission had taken into cognizance the price hike of edible oil and the recent unrest in the market.  

Besides, all citizens have been urged to mail to the secretary of the Bangladesh Competition Commission ([email protected]) if there is any anti-competitive activity seen in the market. 


Also Read- Obaidul Quader urges businesspeople to refrain from making hefty profits


The identity of the information giver would be kept secret, the statement said.

The National Directorate of Consumer Rights Protection (NDCRP) has also been working to check hoarding of soybean oil and price hike in the market.

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