• The Commission has however continued to intensify industrial screening.
• The Commission has intensified its cartel investigations.
• Two conducted dawn raids in the cement and aquaculture sectors
The Competition and Consumer Protection Commission (CCPC) says it has experienced a slight reduction in the number of complaints handled relating to Restrictive Business Practices (RBPs) in 2020 as compared to 2019.
CCPC Senior Public Relations Officer Namukolo Kasuma tells Money FM News that the Commission has however continued to intensify industrial screening for restrictive business practices in key sectors that are likely to disadvantage small and upcoming businesses.
Ms. Kasumpa said in the period under review, “the Commission has handled a total of fifty-two RBP cases and closed thirty-two cases having had rolled over twenty five from the previous year and further receiving twenty seven cases during the period under review.”
She has since revealed that the Commission has intensified its cartel investigations by monitoring activities and enhancing its intelligence gathering activities in all key sectors of the economy.
“In the period under review, the Commission conducted two dawn raids in the cement and aquaculture sectors at the premises of enterprises suspected to be involved in cartelistic conduct,” she revealed.
Ms. Kasumpa further noted that, CCPC continues to offer leniency under the leniency program which accords firms involved in anti-competitive practices or agreements, total or partial immunity from prosecution and financial penalties, as reward for their cooperation with the Commission.
“In the period under review, the Commission received three leniency applications and granted two under the Leniency Programme and this was done in consultation with the Director of Public Prosecutions,” she stated.