The Competition and Fair Trading Commission (CFTC) held its 63rd meeting in Lilongwe on 10th October, 2022, to consider and adjudicate over cases under the Competition and Fair Trading Act (CFTA).
The Commission considered and adjudicated over a total of 73 cases. The cases included 63 on unfair trading practices, one merger, and nine cases on restrictive business practices.
During the sitting, the Commission ordered four companies to pay fines totaling K2.5 million while five companies were ordered to refund over K2 million to consumers, for committing different offences.
This statement provides a summary of the Commission’s determinations on some of the cases, highlighting facts and orders made.
For more information on this statement, contact Innocent Helema on 0880725075 or email [email protected]
ACTING EXECUTIVE DIRECTOR