Tag Archives: unfair competition

Guyana’s business community and the government have begun clamping down on smuggling of alcoholic products, cigarettes and chicken, among other products due to unfair competition, authorities said Wednesday. Chairman of the Private Sector Commission (PSC), Komal Singh told an Illicit Trade Conference that the market share that several of those smugglers were currently capturing exceeds 25 to 50 percent in ...

The Private Sector Commission (PSC) is canvassing locally-owned businesses to find out whether they are being outcompeted by numerous Chinese-owned businesses that are selling at cheaper prices. PSC Chairman, Komal Singh did not believe that a “special” wholesale price offer by a prominent manufacturer to Chinese supermarkets was dislocating locals, but said it might be linked to increased purchases. Mr ...