LPG sector needs better price regulation - competition watchdog

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Competition Commissioner Tembinkosi Bonakele. (File, Bloomberg)
Competition Commissioner Tembinkosi Bonakele. (File, Bloomberg)

Cape Town – The regulated price of liquefied petroleum gas (LPG) is not monitored properly, leading to market abuse by big players and making it difficult for smaller businesses to enter the sector. 

The Competition Commission on Tuesday briefed the portfolio committee on economic development about its findings and recommendations following an inquiry into the LPG sector. 

READ: Petrol body gets more time off from Competition Act 

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