Commissioner Paulus Ain said statements made by State Owned Enterprise Minister, William Duma, saying ICCC regulates the telecommunication industry, is incorrect and misleading.
The ICCC regulates prices of electricity, water, fuel, essential port services, motor vehicle third party insurance premiums, postal services, PMV and taxi fares.
It also monitors the factory gate price of rice, flour and sugar however, it does not set the prices of these goods.