The measures introduced by the EU and policed by the Department of Trade and Industry are not working, a memory distributor said today.
Sukh Rayat, general manager of Macro-owned Flashpoint, said that there was a loophole in the law that means the three members of staff employed by the DTI to police the reference price were useless.
He said: "If dealers or brokers buy Korean or Japanese memory but the boards have 'Made in Hong Kong' on them, they evade duties."
No one at the DTI was able to comment.
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