Zimbabwe 2001
Score = 16
Governed by: Competition Act of 1996[1] (hereinafter referred to as “Competition Act”) as amended by Amended Competition Act of 2001 (hereinafter referred to as “Amended Act”). [2]
| Category | Subcategory | Score | Comment |
|---|---|---|---|
| Scope | Extraterritoriality | 1 | Article 3 of the Amended Act says that the Competition Act applies to all activities having an effect in Zimbabwe. |
| Remedies | Fines | 1 | Article 29(7) of the Competition Act allows the Commission to fine for violations of the Act. |
| Prison Sentences | 1 | Article 29(7) of the Competition Act allows the Commission to impose imprisonment for violations of the act. | |
| Divestitures | 0 | ||
| Private Enforcement | 3rd Party Initiation | 1 | Article 44 gives injured 3rd parties a right of action. |
| Remedies Available to 3rd Parties | 1 | Article 44 gives injured 3rd parties the right to collect damages. | |
| 3rd Party Rights in Proceedings | 0 | ||
| Merger Notification | Voluntary | 0 | |
| Mandatory | 3 | Article 12 of the Amended Act (amending Article 34A of the original Act) requires notification of mergers. | |
| Pre-merger | 0 | ||
| Post-merger | 1 | Article 12 of the Amended Act requires that the notification occur within 30 days of the conclusion of the agreement. | |
| Merger Assessment | Dominance | 1 | Article 32(3) defines a merger that is contrary to the public interest as one that is likely to result in a monopoly situation. |
| Restriction of Competition | 1 | Article 32(1)(a) of the Competition Act says that in assessing a merger the Commission must take into consideration the interest in maintaining and promoting competition. | |
| Public Interest (Pro D) | 0 | ||
| Public Interest (Pro Authority) | 1 | Article 32(1) of the Competition Act tells the Commission to consider whether the merger will be contrary to the public interest. | |
| Other | 0 | ||
| Efficiency | 1 | Article 32(1)(c) of the Competition At says that the Commission can take into account the reduction of costs and development of new technologies. | |
| Dominance | Limits Access | 0 | |
| Abusive Acts | 0 | ||
| Price Setting | 1 | Article 14 of the Amended Act adds predatory pricing to the list of prohibited agreements or monopolistic acts. | |
| Discriminatory Pricing | 0 | ||
| Resale Price Maintenance | 1 | Article 14 of the Amended Act adds resale price maintenance to the list of prohibited practices. | |
| Obstacles to Entry | 0 | ||
| Efficiency Defense | 0 | ||
| Restrictive Trade Practices | Price Fixing | 1 | Article 14 of the Amended Act adds predatory pricing to the list of prohibited agreements or monopolistic acts. |
| Tying | 0 | ||
| Market Division | 0 | ||
| Output Restraint | 0 | ||
| Market Sharing | 0 | ||
| Eliminating Competitors | 0 | ||
| Collusive Tendering/Bid-Rigging | 1 | Article 6 of the First Schedule of the Competition Act prohibits bid rigging. | |
| Supply Refusal | 0 | ||
| Efficiency Defense | 0 |
References
- ↑ United Nations Conference on Trade Development website, http://r0.unctad.org/en/subsites/cpolicy/Laws/zimbabwe.pdf
- ↑ http://www.globalcompetitionforum.org/regions/africa/Zimbabwe/Competition%20Amendment%20Act.pdf