Duh-uh......
I actually thought that gasoline [petrol for our British friends] prices were fixed in Hong Kong since prices have almost always been exactly the same across the territory. My stupid logic was that since the government is trying to discourage driving by making registration and taxes high that they also legislated the prices that these guys should charge. Fancy this that they have actually been colluding!
While they are at it, there are several other businesses that commonly use price fixing to gouge consumers and restrict true competition. The uncompetitive businesses such as supermarkets and drugstore chains in Hong Kong could use a little scrutiny from their monopoly and oligopoly practices.
How stupid do we feel that we allow the tycoons and large global conglomerates that run these businesses fleece the hard-working and honest people of Hong Kong. Shame on all of these people.
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