Pricing in the industry
The industrial manufacturing sector in Qatar is not a free market. The industry is critical to the economy of Qatar hence the government id directly involved in the market. The government plays a dominant role in the industry hence prices are not solely determined by the market forces of demand and supply. The government controls the pricing of products in the sector since it holds a significant stake in large companies in the industry. The government is a major shareholder in firms such as Qatar Steel Company, Qatar National Cement Company, and Qatar Fertilizer Company, among other companies. In ...