Lawmakers on Tuesday discussed a bill that would criminalise market collusion, with its sponsor calling the legislation necessary as the government had failed in its duties.
The legislative proposal was introduced by Disy MP Kyriakos Hadjiyiannis .
In remarks to the press, the MP derided the market watchdog – the Commission for the Protection of Competition or CPC – as “purely ornamental” and ineffectual.
Criminalising market collusion or cartel-like behaviour
