Moroccan market watchdog the Competition Council has stated that it has “no positions” to take with regard to the increases or drops in products’ prices. President of the council Ahmed Rahhou added: “The role of the council does not allow it to intervene in the event of a rise or drop in prices unless this evolution of price is induced by an abuse of a dominant position or agreement.”
Rahhou stated that the law stipulates that prices of products, goods, and services cannot undergo modifications only by the interplay of supply and demand: “It is up to the seller or the distributor of the product to judge the increase or decrease in prices.”
The council’s president's remarks come amid continued increases in the prices of food and fuel products across Morocco. Moroccan citizens have been expressing concerns about the increases of fuel prices; the situation has resulted in online campaigns, with many citizens using hashtags to call on the government to intervene.
Some of the campaigners are also calling on some cabinet members, including Head of Government Aziz Akhannouch, to step down.
Source: moroccoworldnews.com