16 May 2022, 19:36

Govt working to ensure fair, competitive environment in market: Tipu 

DHAKA, May 16, 2022 (BSS) - Commerce Minister Tipu Munshi today said 
Directorate of the National Consumer Right Protection is working to ensure 
fair and competitive environment in the market. 

"The ongoing campaign by the Directorate of National Consumer Right 
Protection against edible oil stock is not aimed at harassing traders or 
anyone else. Our goal is to give this message to everyone that the government 
is searching these edible stocks so that we can maintain a fair and 
competitive environment in the market," he said.

The minister said this while speaking as the chief guest at a seminar on 
"Role of business organisations in ensuring fair competition in trade and 
commerce" organised by the Bangladesh Competition Commission at its office in 
the city.

Competition Commission Chairperson Md Mofizul Islam presided over the seminar 
while President of Bangladesh Pharmaceutical Industry Association Nazmul 
Hasan, President of Federation of Bangladesh Chambers of Commerce and 
Industry (FBCCI) Md Jashim Uddin and Director General of Directorate of the 
National Consumer Rights Protection AHM Shafiquzzaman spoke on the occasion.

Tipu Munshi said the government wants to create trust atmosphere in the 
country's market. The government will not give any opportunity of monopoly or 
oligopoly and that is why competition law has been enacted, he added. 

"Now it is important to ensure its proper use," the minister said, adding 
that the ongoing campaign of Directorate of the National Consumer Right 
Protection was not intended to obstruct the activities of traders. 

"We want to give relief to the people. We need to ensure that anti-
competitive activities do not exist in the market," he added.

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