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 Standardised Loan Rates, No ZEC...Cartel in Bank Oligopaly

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sophisto
post Nov 1 2009, 12:15 PM

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isnt this price fixing? what on earth is bank negara doing? this is not fair for consumers. yes it has come into effect on 1/nov/09, i heard from a banker.

imagine all shampoo/nasi lemak fixed their price higher, who gains? them....this is against the law in most countries i belief.
sophisto
post Nov 2 2009, 10:26 AM

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if there is such things, im sure consumer associations and any individual may take a class action(court) against them. hope they wouldnt be so silly.

 

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