The Competition and Tariff Commission is Cordially Inviting all Interested Stakeholders to a 1 Day Workshop to Commemorate World Competition Day and Launch of the National Competition Policy on 5 December 2017
The Competition and Tariff Commission is a statutory body established under the Competition Act [Chapter 14:28], with the twin mandates of implementing and enforcing Zimbabwe’s competition policy and law, as well as executing the country’s trade tariffs policy. Competition authorities across the globe celebrate the World Competition Day on the 5th of December annually, and this year the commemorations mark the thirty seventh anniversary of the adoption of the General Assembly on 5 December 1980, of the United Nations Set of Multilaterally Agreed Equitable Principles and Rules for the Control of Restrictive Business Practices(UN Set).
The Set has guided a large number of emerging countries in developing and enacting their competition laws. Motivated by the interest and support from many competition agencies and other stakeholders to the cause, the International Network of Civil Society Organisations on Competition (INCSOC) announced the first World Competition Day on 5th December 2010. One of the important advocacy campaigns spearheaded by Consumer Unity and Trust International (CUTS) since 2010 is the observance of the World Competition Day every 5th of December, making it an important part of competition authorities’ calendar of events.
The aim of the competition day campaign is to ensure that consumers from across the world divide realise potential benefits that can be derived from an effectively implemented competition regime. Events celebrating World Competition Day focus on creating awareness on the importance and benefits of competition through curbing anticompetitive practices. Accordingly, the international theme for this year’s commemorative is “Re-imagining Competition Policy and Law in the Era of Disruptions”.
Correspondingly, the Commission will join other competition agencies and civil society organisations worldwide in celebrating this year’s Competition Day through hosting an inaugural commemoration of the World Competition Day on the 5th of December 2017. Concurrently, on this day, the Commission will launch its National Competition Policy approved by Cabinet in January 2017. The policy aims to improve the operations of the Commission through providing strategic policy direction in its efforts to entrench a vibrant competition culture in the Zimbabwean economy.
The theme for this year namely Re-imagining Competition Policy and Law in the Era of Disruption’s thrust is on the disruptive effect of technological innovations on healthy competition. Given this, the Commission will focus on the telecommunications and banking sectors where such technological disruptions are evident. Accordingly, players in these sectors will be expected to make presentations on selected topics during the commemorations that align with the global theme.
Accordingly, the Commission is cordially inviting all interested stakeholders to attend and participate at the launch of the policy and commemorations of the World Competition Day to be held on the 5th of December 2017 in Harare at Rainbow Hotel starting at 0800 hours.