Chiputula making a presentation
The Competition and Fair Trading Commission (CFTC), on Friday 12th May, 2017, conducted a Competition Law Lecture at Malawi Assemblies of God University in Lilongwe which was attended by about 80 students doing various programmes at the university.
In his opening remarks, Business Management Senior Lecturer, Kondwani Manda welcomed the Commission for taking an initiative to conduct a Competition Law lecture at their University.
“Let me thank the Commission for coming to the university to conduct the lecture. We believe that after the lecture we will understand more about completion and consumer protection law in Malawi,” said Manda.
During the lecture CFTC Director of Mergers and Acquisitions, Richard Chiputula made a presentation on the background of competition law policy in Malawi, the legislative framework of CFTC, appointment of commissioners and composition, establishment of secretariat, regulatory role of the Commission, investigative function, adjudicative role of commissioners, core functions of the Commission and penalties.
Speaking during the lecture Chiputula said the purpose of the lecture was to disseminate information to consumers so that they are empowered.
After the presentation, students asked on various issues. Some of the questions included on merger assessment, and proliferation of counterfeits.
In his closing remarks, CFTC Director of Consumer Welfare and Education, Lewis Kulisewa thanked the management of university for granting Commission the opportunity to conduct a Competition Law Lecture at their University and the students for their active participation.Kulisewa emphasises a point as Chiputula looks on
Speaking after the Lecture, Manda appreciated the lecture conducted by CFTC. He alluded to how important being an empowered consumer is as he shared his experience.
This was the 11th lecture in a series of lectures to public and private Universities.The lecture series is in recognition of the fact that university students command a lot of influence within their communities as a reservoir of knowledge and would be instrumental in influencing certain trends and conducts in this dynamic field.