About Company
In the early 1980s, many Third World countries initiated economic changes that led those countries to enter a free market economy. Tanzania began following the principles of a free market economy in 1986 where it also initiated the reform of the Policy and Law system to match the requirements of a free market economy.
In 1994, the Government enacted a Law called the Fair Trade Practices Act, 1994 with the aim of managing market competition for network service providers and other stakeholders in the market by preventing some actions that weaken competition such as fixing prices in the market and abusing market power . However, due to the challenges that arose in the implementation of the Fair Trade Practices Act such as the absence of independent institutions that are effective in the management of market control and competition, the law was repealed and several laws were enacted that established different institutions for the control of the sector as well as the Law of Competition, 2003.
The Competition Council is one of the Institutions created under the Competition Act, 2003 section 83(1) with the aim of hearing appeals arising from the decisions and orders of the different Regulatory Institutions of the sector as well as the Competition Commission. The Competition Council started in 2004 under the Chairmanship of Hon. Retired Judge LB Kalegeya.