Commerce adviser Sk Bashir Uddin on Tuesday suggested that聽the Bangladesh Competition Commission should take steps against businesses which are聽affecting the growth of small businesses.
He also urged the commission to take tough steps聽against those who are amassing wealth through illegal means, evading tax and聽also harming consumers.聽
He made these comments while speaking as chief guest聽 at a seminar titled 鈥楥ompetition Policy in聽Bangladesh: Prospects, Challenges and the Way Forward鈥� held at a city hotel.
Bashir said that聽the capacity of the country鈥檚 various institutions had been聽broken over the past 15 years, both in the public and private sectors.
鈥楾he development in the local industry was deterred severely while the usual聽competitive capacity of the market was also spoiled,鈥� he said.
Commerce secretary Mahbubur Rahman spoke at the seminar as special guest聽while Bangladesh Trade and Tariff Commission chairman Moinul Khan and聽UNDP Bangladesh deputy resident representative Sonali Dayaratne spoke as聽 guests of honour. Bangladesh Competition Commission chairperson AHM Ahsan presided over the聽event.聽
The seminar was jointly organised by the Bangladesh Competition Commission聽and the UNDP Bangladesh, said a commerce ministry press release.
RAPID chairman MA Razzaque made the keynote presentation at the seminar聽while BIDS director general AK Enamul Haque, Bangladesh Competition聽Commission member Afroza Bilkis, economic adviser of Foreign, Commonwealth聽and Development Office Isam Mosaddek and MCCI president Kamran T Rahman spoke聽as panel discussants.
The commerce adviser noted that due to the destruction of the capacity of the聽institutions over the last 15 years, there was a severe imbalanced聽distribution of resources while it created some crony capitalism in the聽country which had deterred the new competitors from entering the market.
Mentioning that the capacity of the competition commission was also destroyed聽during that period, he said that the country鈥檚 common people wanted to see聽benefits of competition in their daily life.
鈥楾he competition commission聽should have to be taken in that position,鈥� he added.
