Press Releases
BREAKING NEWS: Invitation to a Public Hearing
The Competition and Fair Trading Commission (CFTC) will hold its 38th Meeting on Friday 31st January, 2014 at Crossroads Hotel in Lilongwe.
During the meeting, the Commission will adjudicate over a number of cases, among others, applications for mergers, alleged anti-competitive business practices and alleged unfair trading practises.
In line with Section 11 of the Competition and Fair Trading Act, the CFTC will hold a public hearing on the same day Friday 31st January 2014 between 0900 and 1030 hrs at the same venue. The schedule of cases is as below:
CFTC launches Competition Law Lecture Series
A well informed society is key to achieving a culture of fair competition and consumer protection in the economy, the Competition and Fair Trading Commission (CFTC) has said.
CFTC Executive Director Charlotte Wezi Malonda said this when she delivered an inaugural lecture on antitrust law (otherwise known as competition law) to law students at Malawi’s biggest University campus – Chancellor College in Zomba.
The lecture series is part of CFTC’s wider advocacy and education programme which seeks to create mass awareness about the Competition and Fair Trading Act, promote voluntary compliance with the Act among the business community and empower consumers to report unfair trading practices.
CFTC orders Independent Schools Association of Malawi to stop fixing prices
The Competition and Fair Trading Commission has ordered Independent Schools Association of Malawi to cease and desist from engaging in anti-competitive business practices. This follows investigations the Commission conducted which established that the association was engaged in prohibited fixing of school fees.
Charlotte Wezi Malonda, Executive Director of the Competition and Fair Trading Commission said price fixing was a violation of Section 34 of the Competition and Fair Trading Act.
CFTC orders Blantyre Water Board to stop engaging in unfair trading practices
The Competition and Fair Trading Commission has ordered Blantyre Water Board to cease and desist from engaging in prohibited unfair trading practices. This follows investigations the Commission conducted which established that the company engaged in unconscionable conduct by implementing a deliberate policy of delayed reconnection of water supply.
Under the policy, water consumers whose supply was disconnected due to non-payment of outstanding bills are only reconnected after three days upon payment of outstanding balance and a penalty.
Charlotte Wezi Malonda, Executive Director of the Competition and Fair Trading Commission said Blantyre Water Board is prohibited by law from unreasonably delaying reconnection of water supply.
