Vice director of Clean
Competition Department J.Dorjpalam talks about flour prices.

Why
did the price of flour rise so suddenly? Did it have anything to with the fuel
price?

It is too early to say. We have
set up a working group to study the issue and your question can be answered only
after it submits its report.

People
are blaming your organization for failing to stop the plot of traders to raise
the price…

Our job is to monitor the price
of food and other products. People are wrong if they they expect us to go to retail
or wholesale markets to see higher prices are not charged. We now have a market
economy where the laws of the market will determine prices. WE come into the
picture if there is any plan to manipulate prices without any legitimate market
pressure. We once fined oil importers and on another occasion audit companies
that had plotted to charge more.

Will
flour companies be fined the maximum MNT250,000 if you find they raised prices
artificially?

This maximum amount has been
changed to six percent of the offending company’s annual income but the new law
is yet to take effect.