Participants to the Competition Law Lecture
The academia plays a crucial role in providing information that influences public policies as well as consumer choices at national and international level, it has been said.
The sentiments were made by CFTC Executive Director Mrs Charlotte Wezi Malonda when she presented a Competition Law lecture at the Malawi Adventist University’s Lakeview campus in Ntcheu.
During the lecture, which was attended by over 340 students including the University’s Assistant Registrar and some lecturers, Malonda provided an overview of competition law in Malawi. Some of the key issues covered in the lecture included the regulatory, investigative and adjudicative roles of the Commission.
Malonda underlined the need for university students to actively participate in the enforcement of competition and consumer protection law as this was beneficial for economic growth, efficiency and consumer welfare.
“Academic institutions provide think tanks, which assist in building robust enforcement systems, and each one of us must take an interest in understanding how competition and consumer protection enforcement plays a role in poverty alleviation and development of our nation”.
The Competition Law lectures are an innovation by the Competition and Fair Trading Commission aimed at promoting voluntary compliance with the Competition and Fair Trading Act (CFTA) and empowering consumers with confidence to report unfair trading practices.
The Commission has already held competition law lectures at the Lilongwe University of Agriculture and Natural Resources (Luanar), Chancellor College, Mzuzu University, Malawi Polytechnic and Blantyre International University.