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Egg prices go up, ministry checks for cartel elements

11 December 2018, at 12:00am

MALAYSIA, 12 December 2018 - The Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) will investigate if there are elements of cartel activities causing the price of eggs to increase consistently each week for the past several months

KPDNHEP minister Saifuddin Nasution Ismail said action could be taken under the Competition Act for cartel activities like price fixing, division of territories, and joint efforts by producers and wholesalers to limit production.

Source: Bernama.com