Moroccan claims of state intervention to control the market after

Moroccan analysts said the state should approve a price control mechanism under "random price liberalization" after Moroccans boycotted three major companies for more than three weeks in a price-cutting campaign described as successful.
"In the next stage, there must be a system," said Najib Aksabi, an economic analyst.
"The hydrocarbons sector is a vital strategic sector that should not remain monopolized," he told Reuters. "The government must leave competition and set the price cap if it wants its speech to be credible and to be ratified by Moroccans."
Moroccan activists have decided to boycott three local products in an unprecedented campaign targeting central Moroccan milk company France, whose share of the market is 60 percent, Sidi Ali Mineral Water Company, which also controls 60 percent of its market, and Africa's oil distribution company owned by Moroccan billionaire Aziz Akhnouch At the same time he is Minister of Agriculture and Fisheries.
Moroccans have stepped up their campaign, which has taken the slogan of "Khair Yrib" after statements by government officials and executives calling the boycotters "treachery" before the government retreated and apologized to Prime Minister Saad Eddin al-Othmani, who called for a halt to the boycott with the start of Ramadan and the opening of a new page, pledging that the government " Take all necessary steps to defend the consumer. "
"The prime minister announced the formation of a ministerial committee under his direct supervision to study the prices of the most traded products in the market that are included in the ordinary consumption of Moroccans in order to propose solutions so that we can reduce the pressure on the purchasing power of families," the government spokesman said during a cabinet meeting on Thursday.
The Moroccan Interior Ministry announced earlier this week the launch of a telephone line to receive complaints from citizens and to report cases of fraud and increase prices.
A Moroccan parliamentary committee presented a final report on fuel selling prices on Tuesday, saying that the profits of some fuel companies in Morocco reached 996 percent after the release of the Freedom of Price and Competition Act 2014.
While the price of oil in the world has fallen, the price of gasoline has remained high in Morocco, which imports almost all of its needs.
"After the liberalization prices have risen, the rise in fuel prices has been reflected in the cost of transportation and therefore has had a direct impact on purchasing power," Abdullah Bwanu, head of the parliamentary committee, told the press.
He added that the committee recommended "setting a profit ceiling".
Samir, which was privatized in 1997 and stopped working in 2014, "was a reference for us because it was refining and we knew the price of refining, liquidation and cost."
The absence of the Competition Council, an institution concerned with market performance and the fight against monopolistic practices, had had serious repercussions.
"The companies won and the citizen remained predator between the teeth of rising prices, especially in the field of hydrocarbons." The Competition Council, set up in 2008, is frozen and without members because of what observers say is pressure "strong economic lobbies that reject any regulatory authority."
"To give the prime minister credibility and listen to the Moroccans, he must take practical measures, at least to return these funds to the state treasury," Aksabi said, referring to the huge profits of fuel companies after the liberalization of prices.
He said it was clear that the boycott campaign had shown its effectiveness and credibility "because people are tired of it," adding that talking about repercussions on the national economy is only "outrageous."
"The Moroccan citizen has not stopped consumption but has gone to other brands," he said.
He criticized the "confusion of power and money and the conflict of interest .. The strongest minister in the government on this province; so natural that the government would initially move only in a biased in favor of these companies." "The threat of pursuing the boycotters has given the campaign greater dimensions," said Moroccan economic analyst Rachid Ouarraz, referring to earlier government threats to apologize.
"So they had to apologize and ease the anger," he told Reuters.
"There may be a state of anticipation among the citizens," he said. "There may be an activation of the Competition Council and price control, which will be a major goal of the boycott campaign."
"If these companies do not reduce the prices ... the boycott will continue and extend to companies and other materials, and most of them," he said.

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