This Thursday, the National Assembly unanimously approved the new Competition Law, a legal diploma that aims to 'introduce principles and rules of healthy competition in morality and ethics'
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The document proposed by the Government, and approved in its entirety during the eighth ordinary plenary session of the parliament, also provides for the creation of a Competition Regulatory Authority (ARC) 'with autonomy and exemption, in the defense of the public interest
promotion and defense of competition'.
In this session the parliamentary groups of the National Union for the Total Independence of Angola (UNITA) and the Social Renewal Party (PRS) made political statements'.
For Unita, which also
The document returned favorably, the new Competition Law must be applied 'in a framework of real reforms', thus pointing out the need for the main institutional actors to 'proceed with the de-partisanship of the State'
'It is essential that
democratic and lawful state are courageously assumed in their fullness. It is not good to see the holder of the Executive Power also being able in other guises, directing party decisions where interests conflict with probity', said the president of the
UNITA parliamentary group, Adalberto Costa Júnior.
That opposition leader also questioned whether, with the ARC under the supervision of the President of the Republic, politicians with interests in companies to regulate will not remain outside
the scope of inspection.
On the occasion, the deputy in the opposition also defended that the country needs to 'embrace a real reform', having reiterated the need for a 'Parliamentary Commission of Inquiry into the Public Debt'.
In turn, the
President and deputy of the PRS, Benedito Daniel, underlined that the Competition Law 'is of paramount importance for the promotion of the country's economic and social development'.
The Minister of Finance, Archer Mangueira, previously explained that after
the final vote on this new legal diploma will be followed by the approval of the respective regulation that will specify 'the object of the abuse of a dominant position and define the circumstances in which economic dependence takes place'.
'E we also define
the circumstances in which the operations of economic agents are considered mergers of companies' and the measures to combat practices that restrict competition, pointed out Archer Mangueira.
The institution of a competition law
was announced by the President, in October, in his first speech on the State of the Nation, after the August general elections, as part of the announced legal framework that facilitates the creation and operation of private companies.
According to João Lourenço ,
this framework 'will create a more favorable environment that promotes and defends free enterprise, competitiveness and healthy competition, with a view to safeguarding, healthy consumer protection'. The objective is to face 'situations of market imperfections
still exist in our economy'.
