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14-10-26
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Competition Authority closes investigation in vegetable oil market

 

TIRANA, April  26 /ATA/ The Competition Authority closed investigations into the import, production and wholesale market of vegetable oil.

In a press release, the Competition Authority announces that the market analysis found that the average monthly wholesale prices from the companies operating in the market are not approximate.

“The Competition Commission reviewed the in-depth investigation report which includes the companies as follows: AGRO BLEND SHPK, BOMIRA SHPK, DEVI 20 – GROUP SHPK, EQEREM-934 SHPK, FERRA & CO SHPK, GLOBCOM SHPK, KRIKET-1 SHPK, TEUTA DURRES SHPK and PDF SHPK, in the vegetable oil import, production and wholesale market. The analysis of the wholesale price of sunflower oil found that, during the investigation period, the increase in the wholesale price made by the companies under investigation has reflected the hike in average import price. Also, it found that the average monthly wholesale prices are not approximate for these enterprises,” sources from CA say.

After that, the Competition Commission decided to close the in-depth investigation into these companies.

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