Cement News tagged under: price-fixing

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Cameroon minister accuses cement producers of price-fixing

13 December 2021, Published under Cement News

In a correspondence sent to the managing directors of various cement producing firms on 9 December 2021, Minister of Commerce, Luc Magloire Mbarga Atangana, denounced an illegal agreement to increase the prices of the products. "It has come to my attention, through written communications of which I have copies, that ypu unnanmously and unilaterally decidd to increase your sales prices  by XAF500 (US$0.86) and 300 per cent depending on the type of cement," the government official wrote. T...