In a previous blog, highlighted is the inflationary trend.
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Today,
1. Alleged cartels, price ceilings, & feed: How M'sia's 'self-sufficient' chicken industry was brought to its knees: drumsticks and wings.
2. Malaysia is entirely self-sufficient as she produces 98.2 per cent of its poultry needs - until the Sabri regime entered the political coop. The Cabinet's National Action Council on Cost of Living (NACCOL) revealed that cartels are controlling the daily market of 1.5 million chickens, which is 70 per cent of the total 2.2 million chickens sold nationwide every day, (freemalaysiatoday 27/04/2022).
Reminded that on April 29 the Malaysia Competition Commission (MyCC) has already denied that it is investigating certain politicians in connection with cartel operations in the poultry industry, (The Star 29/04/2022).
5. MyCC then came out with this press release that "a cartel is not a monopoly and vice versa, as a monopoly is an enterprise that has full control of a product or service.
"If there is more than one player in the market, one or more than one enterprise can be in a dominant position if they hold about 60 per cent of the market. Therefore, trying to equate a cartel and a monopoly as similar, is completely wrong".
So: IF a cartel is not a monopoly, THEN what?
"We encourage those who feel they are involved in cartel practices in the poultry industry to come forward to apply for leniency under Section 41 of the Competition Act 2010 before they are investigated."
The ethnocapital chicken is in the clientel capitalism roost; nothing short of dismantling the chicken cluster in the class structure of kleptocratic domain can ordinary rakyat2 have proper, and healthy, food but chicken feeds:
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