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Wednesday, 22 February 2012

U.A.E. May Expand Monopolies Law to Car Dealers, Gulf News Says - Bloomberg

The United Arab Emirates may expand its monopolies law, which sought to liberalize the sale of basic food products, to tackle other monopolies, including car dealers, Gulf News reported, citing the economy minister.
The move would boost competition and bring down costs by curbing “all types of monopolies and exploitation,” Sultan bin Saeed al-Mansouri said at a meeting of the country’s Federal National Council yesterday.