Competition Council Bill Secures His Government Affiliation (Samir Salvation Front) – Today 24
The National Front for Rescue of a Moroccan Oil Refinery believes that the government’s proposed amendments to two bills on the Competition Council and the Law on Freedom of Prices and Competition are unconvincing.
The Front explained in a statement that maintaining in the competition council draft law that the government appoints about 80% of the members is contrary to what is applied in other councils.
The statement stressed that this would establish “the subordination of the council to the government and exacerbate conflict and confusion of interests, in addition to expanding the powers of the president in the event of exceptional decisions and the negotiation of fines, as well as limiting the secrecy of members and criminalizing the disclosure of the secrecy of debate and attempts to deprive public access to the work and conclusions of the council”.
In its first commentary on the opinion issued a few days ago by the Competition Council on the increase in fuel prices, the Front interpreted it as highlighting the “women’s focus, the annulment and lack of conditions for competition in the fuel market, which jeopardizes the rights of consumers.” to predation by large companies controlling more than two-thirds of the market.”
She also indicated that the opinion was laced with the viewpoint of the parties heard by selection when she rescinded the previous recommendation that Morocco should hold the keys to the oil refining industries and avoided talking about 2016-2017, the report of the Parliamentary Committee, and the prices applied until the release by the previous government of Abdelila ibn Kiran.
The Front said in a statement that it will organize a press conference on November 8, where it will comment on the report of the Competition Council on the increase in fuel prices and point out the gaps in two bills to amend the Law on the Competition Council and the Law to Amend the Law on Price and Competition Freedom.
The statement also renewed the government’s accusations of inaction and indifference to the squandering of the national wealth represented by Samir’s company assets and of missing an opportunity for Morocco to benefit from the important revenue generated by the oil refining industry.
He also reiterated his call for a return to fuel price regulation in line with a new price structure that takes into account the purchasing power of all citizens and consumers and limits sky-high profits in the sector, working to recover from it the amounts accumulated since the release, which amounted to more than 45 billion dirhams to end of 2021 to support fuel prices in a manner similar to what many countries around the world have done.
He held the government responsible for resuming oil refining at the Muhammadiyah refinery, acquiring its assets by paying off public money stuck in debt to the Samir company, and called for a full investigation to determine responsibility for the loss of the country and people as a result of the privatization of the Samir company. ”and hushing up the atrocities of its previous owner.