The Fijian Competition and Consumer Commission (FCCC) is set to conduct a market assessment on estate and property management services in the Pacific Harbour region. This evaluation will examine the fees associated with various estate and property management services, providing a clearer picture of the marketplace.
The FCCC aims to understand the nature of services offered to individual property owners and assess the charges for these services within this specific area, focusing on the level of competition present. An important aspect of this assessment is to detect any potential anti-competitive behaviors, including misuse of market power, exclusive dealing arrangements, or cartel-like practices that might hinder fair competition in Fiji’s property management sector.
Stakeholders and interested parties have until November 28th, 2024, to submit their feedback to the FCCC, an initiative that encourages community participation in shaping a transparent and competitive market.
Overall, this assessment represents a proactive step towards ensuring fair practices in the property management market, which could benefit both property owners and service providers alike. By addressing potential anti-competitive behavior, the FCCC is fostering an environment that encourages fair competition, ultimately leading to better services and pricing for consumers.
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