21 Hrs
Source:
عين ليبيا
Ain Libya Reveals Water Bottle Crisis
The bottled water shortage crisis in the Libyan market is intensifying due to decreased supply and rising prices, amid fears of exploitation through speculation or withholding quantities, which threatens market stability and weakens competition. The Competition Council clarified that the causes of the crisis include electrical and energy disruptions, increased demand, and issues in production and transportation. It also stated that it is monitoring the situation to ensure that the crisis is not exploited as an opportunity for monopolization or price manipulation. The Council emphasized that tracking supply chains and analyzing cost components are essential to identify any monopolistic practices, especially given the potential for deliberate stockpiling or coordination among parties to control quantities and prices. Despite limited capabilities, the Council stressed the importance of cooperating with government entities to ensure equitable access to water for citizens, considering that the crisis reveals a long-standing fragility in the Libyan water market. Addressing the issue requires fundamental reforms to enhance competition and prevent future exploitation.
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