Problems relating to Trade and Investment on Venezuela
20. Monopoly |
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Issue |
Issue details |
Requests |
Reference |
(1) Nationalisation Policy inhibits Competition | - Due to the nationalization of industries, inefficiency predominates in all markets, where fair competition is totally absent. Since December 2013, "Price Control on Home Electric Appliance" has come into force. The Price Control Measures extend to rental fees of office buildings. |
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