How does the competition policy regulate competition in South Africa?
The Competition Commission is empowered by the Competition Act to investigate, control and evaluate restrictive business practices, abuse of dominant positions and mergers in order to achieve equity and efficiency in the South African economy..
What are the sources of competition law in Tanzania?
The enactment of the Fair Trade Practices Act in 1994 provided the basic foundation for the establishment of competition policy and law in Tanzania.
The Act encourages competition by prohibiting practices that hamper fair competition, and protects consumer welfare in the market- based economy..
What is Fair competition and Consumer Protection Act Zanzibar?
The Zanzibar Fair Competition and Consumer Protection Act No. 5 of 2018 is an act that was established for the purpose of protecting consumers and applies to enterprises, government bodies and local governments related to fair competition and consumer protectionxxxiii..
What is the competition law in Tanzania?
An Act to promote and protect effective competition in trade and commerce, to protect consumers from unfair and misleading market conduct and to provide for other related matters..
What is the competition regime in Tanzania?
The core elements of the United Republic of Tanzania's competition law are prohibition of anticompetitive agreements, mergers, misuse of market power and consumer protection..
What is the competition regulation in Tanzania?
An Act to promote and protect effective competition in trade and commerce, to protect consumers from unfair and misleading market conduct and to provide for other related matters.
Acts Nos.
This Act may be cited as the Fair Competition Act..
What is the jurisdiction of the Fair competition Commission in Tanzania?
The Fair Competition Commission's (“FCC”) jurisdiction is on the general sector of the economy.
As a general rule, unless invited by the specific sector regulator, it has no authority on the regulated sectors such as energy, water, telecommunication, civil aviation and land transportation..
Why is competition law important in Tanzania?
The enactment of the Fair Trade Practices Act in 1994 provided the basic foundation for the establishment of competition policy and law in Tanzania.
The Act encourages competition by prohibiting practices that hamper fair competition, and protects consumer welfare in the market- based economy..
- The Zanzibar Fair Competition and Consumer Protection Act No. 5 of 2018 is an act that was established for the purpose of protecting consumers and applies to enterprises, government bodies and local governments related to fair competition and consumer protectionxxxiii.