Reasons for high prices

[NewsWhore]

The executive director of the National Competitiveness Council, Andres Van der Horst Alvarez is urging Congress to pass the Competitiveness Bill, that is about to expire in the legislature. As reported in Hoy, he explained that prices have not dropped after the entry of the DR-CAFTA due to hidden costs and the oligopolies that dominate the Dominican economy. He said that the bill would address that situation. As reported in Hoy, Van der Horst Alvarez also said that costs have remained high because of the high cost of fuel. He stated that this was a major challenge that the government needs to confront.

More... (http://www.dr1.com/index.html#6)