Restrictive business practices increase in 2018 – CCPC
By Staff Reporter
Competition and Consumer Protection Commission (CCPC) says 2018 saw an increase in the number of restrictive business practices cases it handled.
The commission said it investigated a total of sixty-four cases out of which nineteen were carried forward from 2017 and forty-five were reported new cases.
Speaking at a media briefing in Lusaka yesterday CCPC Director of Consumer Protection Brian Lingela said the commission closed on a total of 39 cases investigated.
“During the year 2018, the commission saw an increase in the volume of cases related to anti-competitive business practices and consumer rights infringements,” he said.
Lingela said that the cases investigated from various sectors among them are agriculture, wholesale, and retail trade, banking and finance, real estate, services and manufacturing.
“The services sector contributed 50% of the cases investigated standing at the total of 40% followed by the wholesale and retail trade sector at 26% recording 12 cases,” he said.
Lingela further said that the commission in 2019 will continue contributing to Zambia’s foreign direct investment and ease of doing business by the facilitation of merger transactions.