By Digital Editor,Director General Hana

Copyright addisfortune

The Ministry of Trade & Regional Integration has declared that traders who refuse to sell goods, services, or products to competitors are engaging in illegal trade practices, disrupting fair competition.
While traders can choose their commercial partners, the ministry warned that dominant market players restricting access to essential goods or services to boost market share and profits violate the trade law. Such conduct, whether direct or indirect, undermines market stability, risks pushing competitors out, and limits consumer choice. Violators face financial penalties ranging from 5pc to 10pc of annual sales under the Trade Competition & Consumer Protection Proclamation.
The ministry urged all traders to follow fair trade principles and comply with regulations to safeguard a competitive and balanced market environment.