Zimbabwe 2001

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Score = 15

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. Section 2 defines "restrictive practice" as one "enhancing or maintaining the price of any commodity or service"
Tying 0
Market Division 0
Output Restraint 1 Section 2 defines "restrictive practice" as one "restricting the production or distribution of any commodity or service"
Market Sharing 0
Eliminating Competitors 1 Section 2 defines "restrictive practice" as one "preventing or restricting the entry into any market of persons producing or distributing any commodity or service"
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