NaCC launches investigation into alleged price fixing of quota usage fees

NaCC launches investigation into alleged price fixing of quota usage fees

The Namibian Competition Commission (NaCC) has launched an investigation into the alleged price fixing of quota usage fees paid to fishing rights holders by various fishing vessel owners and operators. This comes after the NaCC received evidence suggesting possible cooperation among numerous vessel owners and operators in the Namibian fishing industry on 18 August 2023 and 22 September 2023, respectively. The alleged collusion takes the form of fixing fishing quota […]

November 21, 2023 10

Business / Economics

Competition Commission probes fishing sector for price fixing

The Competition Commission has launched an investigation into the fishing sector after allegations of price fixing related to quota usage fees surfaced. The competition watchdog said it received information, on 18 August and 22 September 2023, alleging possible collusion amongst various vessel owners and operators in the country’s fishing sector.

November 20, 2023 13