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This is one of the possible deviations related to the crisis. The New Caledonian Competition Authority has been made aware of anti-competitive practices. It is said that local operators have blocked the import of food, especially food products, and have created a monopoly. The investigation is ongoing and significant financial penalties could be incurred.
Although the crisis has already occurred Serious consequences for the economy. The alleged offenders were to establish an import monopoly with the aim of preventing the diversification of sources of supply of certain basic products.
The investigation is ongoing, there are multiple levels of inquiry. But today these practices appear to have been vindicated. “These anti-competitive practices are hard to uncover because companies are used to protecting themselves and hiding what’s going on. said Sophie Charlot, rapporteur-general of the competition authority. Today’s new content isCaledonians are generally shy and conservative in their dealings with competition authorities. However, we have received several reports of very specific things, as well as suspicion of these practices.”
This structure not only has “tangible elements”, But there are also powers granted by the government “Investigate and control these companies, including on-site investigations and controls.”
Moreover, these anti-competitive actions occurred during a crisis period that was already vulnerable for consumers. The perpetrators face huge fines.
“If a cartel exists, sanctions could be as high as 5% of the turnover of the companies and parties involved.”
These agreements, which are synonymous with arrangements between economic actors with common interests, should be exposed and terminated.
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