APPLICABILITY OF THE “RULE OF REASON” IN PROHIBITION OF ANTI-COMPETITIVE AGREEMENTS Casting light on what are the anti-competitive practices under the law by application of the principle A brief analogy with the principle’s application in the USA and the EU Introduction The Rule of reason is a legal approach by competition authorities or the courts […]
Amendments to the Public Procurement Act, 2011: Response to Public Critique on the Legislation
Leading to efficiency of procurement processes Ensuring time saving and value for money Minimizing loopholes for corrupt practices Increasing accountability and transparency Inclusion of local experts, firms, goods and commodities in all procurement Since its enactment the Public Procurement Act, 2011(‘the Act’) has been criticised by the general public for being inefficient, time consuming, failure […]
A Quick Look Into Regulatory System in Mergers and Acquisitions In Tanzania
Competition matters, policies and their legal standpoints Mergers and acquisitions (M&A) are among the major contributors to Tanzania’s industrial and trade expansion and a key enhancer to competition among variety of businesses that lead to provision of quality services and products to consumers. Moreover, Tanzania is committed to a full transition to a market economy, […]