The New Competition Act Of Mozambique

Introduction

11 April 2013 was an important milestone for the Mozambican economy, with the publication of Law no. 10/2013, which establishes the legal framework for competition in Mozambique and creates the Competition Regulatory Authority ("ARC"), which will enforce it.

The new law, which is inspired by the laws in force in Portugal and in most European countries (which, in turn, gather inspiration from European Union law), comes as a result of the efforts made in recent years by the Mozambican government to streamline economic initiative and liberalize some key sectors, such as communications, ports, railways and financial services.

Mozambique thus becomes the first Portuguese-speaking country in Africa to be equipped with a modern competition enforcement system.