CUTS warns GH¢12 demurrage surcharge on cement, raises serious cartel concerns

CUTS International, a leading public policy think tank, has raised competition and antitrust concerns over the Chamber of Cement Manufacturers, Ghana (COCMAG) decision to introduce a uniform GH¢12 per bag clinker demurrage surcharge. CUTS argues that this collective agreement among competing firms bears the hallmarks of cartel conduct, as prices or components of prices agreed upon by competitors are among the most serious concerns in competition law.

The airline industry serves as a useful comparison, as fuel costs are a major operating cost for airlines, and when fuel costs rise, airlines apply fuel surcharges to pass on the increased costs to consumers.

Brief written by urgent.news from MyJoyOnline Ghana's own syndicated text. Machine-written — may contain errors; check the original before relying on it.