The Fijian Competition and Consumer Commission (FCCC) is initiating a market assessment focused on estate and property management services in the Pacific Harbour region. This important analysis will involve examining the fees charged for various property management services.
The primary goal of this assessment is to gain a deeper understanding of the services offered to property owners, including the associated costs in this specific market area, as well as the competitive landscape. The FCCC aims to uncover any potential instances of anti-competitive behaviors, misuse of market power, exclusive agreements, cartel activities, or other actions by service providers that may inhibit or reduce competition in Fiji.
Property owners and stakeholders are encouraged to contribute to this assessment by submitting their insights and experiences by November 28th, 2024.
This proactive approach from the FCCC not only aims to enhance transparency in the property management sector but also fosters fair competition, ultimately benefiting consumers and property owners alike. Greater scrutiny in this market can lead to improved services and more equitable pricing structures, which is a positive step for the community.
In summary, the FCCC’s initiative is a significant move towards ensuring fair competition in property management, providing an opportunity for community engagement and improvement in service standards.
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