Competition and Consumer Authority and the Fair Trading Commission of Seychelles Sign Mou

The Competition and Consumer Authority (CCA) and the Fair Trading Commission (FTC) of Seychelles on 12th September 2022, signed a Memorandum of Understanding (MoU) to enhance cooperation between the two agencies in the field of competition law enforcement. The MoU was signed by the Chief Executive Officer of the CCA, Ms Tebelelo Pule, and the CEO of FTC Seychelles, Mr Francis Lebon, in a ceremony that was held virtually.

Through the MoU, the two agencies committed themselves to among others; share experiences in the practical enforcement of competition law, render each other technical assistance and exchanges of expert studies; conduct joint research in the field of competition and consumer protection, as well as staff exchanges.

“Through signing this historic MoU, our agencies are upholding the spirit of the SADC Declaration on Regional Cooperation in Competition and Consumer Policies, which espouses formalised and cross-border cooperation. The CCA and the FTC have a common goal of promoting consumer welfare, through combatting unfair business practices, and ensuring competitive and fair markets,” Ms. Pule said.

Mr Lebon said the MoU will not gather dust, and will be implemented to the letter, for the benefit of the two institutions as they implement their competition and consumer protection laws.