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ICCC Brings to Attention the Need for Law Provisions to Stop Monopolies

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Papua New Guinea’s competition watchdog says it needs the teeth to bite in order to regulate how businesses dominate markets.The commission has completed its investigation into ExxonMobil's acquisition of InterOil, bringing to attention the need for law provisions to stop monopolies. ICCC Commissioner, Paulus Ain, says they can only investigate companies, but they can’t fully protect the country without laws that give them more power.

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