Producers of cement are fined LE10 million each for controlling the prices in Egypt .What is your comment ?

Question

Producers of cement are fined LE10 million each for controlling the prices in Egypt .What is your comment ?

Answer 1

what about the steel company Ezz!???

Answer 2

hahah, A piece of news to calm down the public !!!, now is it true we are trying to eliminate the monopoly??

....No, Since they allow the import of the reinforced steel bars, no One shipment was approved and cleared to enter the country,There are several doors for the  monopolization, especially when the decision makers are the ones who preform  it,,(is not that funny?)

Didn't you hear the story of the fight between the steel tycoon and the real estate one in the Parliament publicly months ago?

Now we want to be Capitalists ,, fine, !! Monopolization is a side effect of  the evil -corrupted  capitalism, when LAWS are weak to protect the consumers, and when the human values are down to the drain,(that is everywhere to be honest not only in Egypt),,

Answer 3

We are in a transition.

The free market is a system that we are just learning. So it is nice for the public to know that this could happen, but we have many miles to go to really become a regulated free market.

Answer 4

I think 10 mil is nothing compared to what they made already

Even in fines there is corruption

Answer 5

one of the main figures of Oslo treaty bought cement from Egypt and sold it to those who are building the racist wall around Jerusalem

he was fined nothing

and even nowadays he still playing the same role in negotiations which he was playing before scandal .

actually such people you see all around all the times but some of them are more difficult than others

some use public money to spend vacations other steal small amounts others steal larger amounts some steal land with certain laws they issue its a strange big world

miss the old days!!!!!!

Answer 6

Free market doesn't mean monopolizing basic resources for our community living.

so yes i m pleased with these decisions, however i hope it will be applied on others as well. and i hope more regulations to be formulated to assure the availability of community basic needs.