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Liberia has given a leading foreign investment firm 72 hours to pay a $25,000 fine for hiking the price of chicken eggs.

According to Liberia’s Daily Observer newspaper, Fouani Brothers Corporation raised the prices of eggs from $35.89 per carton of 360 eggs to $70 per carton.

The BBC correspondent in Liberia says the fine, announced by Minister Wilson Tarpeh, has received a mixed reaction, with some people hailing it, while others call it too harsh and heavy.

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Our correspondent says the business entity in trouble is one of the unlucky ones, as arbitrary price increases of basic commodities is a common practice, as Liberia does not have a system to regulate the market.


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ADR Daily is a specialized news portal with a focus on providing authentic news, information and research analysis on Appropriate Dispute Resolution (ADR), Human Resource Management (HRM) and Industrial Relations Management (IRM) in Ghana and beyond. This platform serves as an information resource base for the progress of the ADR, HRM and IRM industries, and seeks to promote professionalism in ADR practice by supporting a network of ADR professionals within and across nations and continents. ADR Daily keenly encourages the mass adoption of ADR mechanisms, particularly negotiation, mediation and arbitration for the resolution of disputes in all spheres, through the publication of industry news and information, as well as by deploying innovative awareness creation engagements.