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Car Imports Could Help End Monopoly, Command Pricing

Jul 17, 2023, 10:56 PM
News ID: 37474
Car Imports Could Help End Monopoly, Command Pricing

EghtesadOnline: The import of new and used cars could help end the monopoly of domestic automakers and eliminate the government’s command pricing, an automotive official said.

The import of new and used cars could help end the monopoly of domestic automakers and eliminate the government’s command pricing, according to the head of the Boards of Directors of Cooperative Company of Car Component Manufacturers.

“If the import of cars is handled correctly, the domestic market will no longer remain a monopoly, but this will only be possible if 40 to 50 public and private carmakers concurrently produce and import cars,” Ali Yekehfallah was also quoted as saying as IRNA.