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You are here:CategoriesBusinessCFCT satisfied with reports on unfair trading practices

CFCT satisfied with reports on unfair trading practices

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The Competition and Fair Trading Commission-CFTC has expressed satisfaction with the increase in reporting of suspected unfair trading practices in the country.

02
June

Director of Consumer Welfare and Education at the Commission, Lewis Kulisewa was speaking to MBC following recent decisions made by the Board of Commissioners of CFTC over 25 suspected violations.


The CFTC Board which meets quarterly held its 48th meeting in Lilongwe on 5th May to make decisions on cases relating to unfair trading practices and anti-competitive business conducts among others.


“The general public files complaints or we come across information which in our assessment points to a violation of the competition and fair trade Act or the consumer protection Act. This is the time that we launch our own investigation to establish whether or not an offence was committed,” said Kuseliwa.


Kuseliwa added that they will intensify their awareness campaign so that traders and consumers are able to recognize and report issues of unfair dealings and trade whenever possible.

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