Wed, 15 Mar 2017 12:32:26 +0000 By Sheila Sakupwanya Brief background of CCPC The Competition and Consumer Protection Commission (CCPC) is a statutory body that was established in 1997 under the name Zambia Competition Commission (ZCC). The name was then changed in 2010 to CCPC following the enactment of the new Act called the Competition and Consumer Protection Act (CCPA) No. 24 of 2010 and repeal of the old Act. The CCPA gives the Commission administrative powers to fine and adequately provides for consumer redress. Mandate of CCPC The mandate of the Commission cuts across all economic sectors. CCPC regulates the Zambian economy to avoid restrictive business practices, abuse of dominant position of market power, anti-competitive mergers and acquisitions and cartels as these erode consumer welfare. The Commission is also mandated to enhance consumer welfare. In general terms therefore, the principle aim of the Commission is to safeguard competition and ensure consumer […]
