Dhaka, Feb. 15 -- For the past few years, Bangladeshi consumers have suffered terribly due to price inflation. Ministers and various MPs of the previous government blamed "syndicates" for increasing food prices, especially those of chicken and eggs. The Bangladesh Competition Commission subsequently ordered several large poultry companies to pay fines (including my company, Kazi Farms), although these Competition Commission orders were stayed by the High Court. This sequence of events ultimately led to the Department of Agricultural Marketing dictating ceiling prices for eggs and chicken. In any industry, ceiling prices tend to discourage further investment and may become counterproductive: without plentiful investment and expansion of pr...
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