Let's begin with two questions: How is the price of a car determined in Iran? and what role does the Iranian National Competition Council play in car pricing? These are two questions that may have been asked by everyone who deals with capital goods at least once, a product in which any changes and fluctuations are very sensitive.

Iranian National Competition Council has notified the industry ministry of modified guidelines for regulating the passenger car market, which was amended last week.

Tehran, Aug 18, IRNA -- Mismanagement of car pricing started 40 days ago, as the Competition Council came under fire, Iran Daily?s Tuesday edition writes in its opinion column, Tuesday edition of the English language newspaper Iran Daily writes. Industries, Mines and Trade Minister Mohammad Reza Nematzadeh announced last week that car pricing is the ...