The Majlis Industries and Mines Commission has completed examining a bill that calls for auto marketing via the Iran Mercantile Exchange.
Dubbed as “Disciplining the Auto Industry”, the bill has met with skepticism from several quarters for being impractical. One key opponent is the Majlis Research Center, the research wing of the parliament.
As per the provisions of the bill, cars manufactured by domestic companies would be offered on the IME at base prices set by the Competition Council, a government-ordained organization in charge of controlling prices of some locally-produced goods, including auto prices.
Among other things, the bill calls for the people and households that do not own a car be given priority for purchasing a car from the IME.
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