Dhaka, Aug. 19 -- The Importance of Fair Competition Picture a race with just one runner. Sounds dull, right? That's pretty much what markets become without competition-stale and uninspired. No innovation, no discipline on prices, and quality? Forget about it. To ensure Bangladesh's transition to a dynamic and inclusive economy, fair competition must be a policy priority. Revitalizing BCC is a critical step toward ensuring fair competition and market integrity.

Fair competition is essential for ensuring a level playing field and driving positive outcomes for consumers and businesses alike. It ensures that consumers receive better goods and services without breaking the bank. It fosters innovation, facilitates the entry of new enterprises...