Tk 3.5cr fined for egg price manipulation

Bangladesh Competition Commission (BCC) has fined two poultry farms - Diamond Egg Ltd and CP Bangladesh – about Tk 3.5 crore for their alleged collusive practices in artificially increasing the prices of eggs.

To this end, the judgment was published on Wednesday. Earlier, the commission gave a final order on this matter last Monday.
BCC Member Hafizur Rahman confirmed the news.

As per the judgment, Diamond Egg will have to pay Taka 2.5 crore and CP Bangladesh Tk 1 crore in 30 days from the day the order was issued.