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Minister Bassat: confronting monopoly and rising prices takes time and cannot be solved with the push of a button

Beirut, Lebanon ·

Economy and Trade Minister Amer Bassat said at a press conference in central Beirut that the ministry and its inspectors are working to counter monopolies and price increases. He stressed that the issue needs time and cannot be ended with a single decision.

Lebanon has been in a severe economic and financial crisis since 2019, marked by a collapse in its currency and high inflation. The Economy and Trade Ministry oversees prices and market competition.

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