Menu

Our Mission

To promote healthy competitive markets and enhance consumer welfare for the benefit of the Gambian economy.

Our Vision

To become the leading Competition and Consumer Protection Commission in West Africa, respected for its integrity and professionalism.

Our Values

The values guiding GCCPC’s promotion of competition and consumer welfare are “effectiveness”, and “independence.”

Our
Mandate

The GCCPC is mandated by three main acts:

The Competition Act 2007: to promote competition in the supply of goods and services by prohibiting collusive agreements, bid rigging, monopoly and merger situations, in addition to investigating and controlling all forms of restrictive agreements, and promoting the understanding of the general public on the benefits of competition and related matters.

The Consumer Protection Act 2014: to protect consumers from unfair and misleading market conducts, and the establishment of Consumer Tribunals to treat consumer complaints and related matters.

The Essential Commodities Act 2015: to jointly regulate in the interest of the general public, the importation, distribution and retailing of essential commodities in The Gambia, and ensuring their availability at a fair and reasonable price.

  

    

                                            

about_us

Welcome

Welcome to brand-new gcc.gm. We’ve worked to develop a state of the art website that brings you in-dept information about our mandate.

The website offers quick and easy access to essential information on the Competition Act 2007 , Consumer Protection Act 2014 and the Essential Commodities Act 2015 and is part of the GCCPC’s ongoing efforts to enhance the quality and availability of information to the general public, business , government and other professionals.

The website’s user friendly nature provides users with more efficient access  to the GCCPC’s resource and will be updated on regular basis.

Thanks for visiting! we hope you will bookmark us and check back often .

AMADOU CEESAY

EXECUTIVE SECRETARY

Latest News & Updates

Recent updates from Us

Utility Token btc IoT patented technology Bitcoins Bitcoin blockchain blockchain wallet litecoin ltc omisego omg aragon ant augur rep bat civic cvc dash decred drc district0x dnt eos etherclassic etc funfair gnosis gno golem gnt salt DIGITAL CURRENCY nucleus vision iost arcblock online platform for buying selling transferring
What is Ethereum? - Coinbase
×

Please note that Coinbase no longer supports this browser. We recommend upgrading to the latest Google Chrome or Firefox.

What is Ethereum?

Ether is a digital currency used for operating smart contracts on the Ethereum network. Like Bitcoin, the Ethereum network and Ether tokens are not controlled or issued by any bank or government - instead it is an open network which is managed by its users.


Is Ethereum safe?

Ethereum has been deployed in different phases. Currently the Ethereum project is in the 2nd phase, called “Homestead”. The 4 planned phases for the growth of the Ethereum network are, in order: Frontier, Homestead, Metropolis, and Serenity. Ethereum Homestead clients are working smoothly after being in beta for several months without any major incidents. However, Ethereum is still an experimental technology. Since it allows for programs to run on a virtual machine, it’s still possible that some things may still go wrong, such as poorly written smart contracts that contain bugs.


Why would I use Ethereum?

While Bitcoin allows you take part in a global financial network, using Ethereum you can participate in a global computational network. This is done by means of smart contracts, which are scripts of code that can be deployed in the Ethereum blockchain. Although smart contracts are still a very new technology, they have a wide range of potential applications in many different areas, such as voting, global supply chains, medical records, the financial system, and possibly others that have yet to be discovered.


Is it tied to the value of the dollar?

The value of Ethereum is not tied or pegged to the value of any other currency. Similar to stocks or property, Ethereum's value is determined by buying and selling in the open market. The price of Ethereum changes in real time based on the number of people who want to buy or sell it at a given moment.


Why does it change value?

Ethereum is traded for bitcoin, dollars, euros, yen, and other currencies in real time 24 hours a day. Depending on the demand for buying or selling Ethereum, the price can fluctuate from day to day. This is similar to the manner in which the value of a stock or property can go up or down based on supply and demand. Ethereum value can be volatile compared to currencies such as the US dollar because it is still an emerging technology, with a relatively small pool of liquidity.


Is it similar to a credit card or paypal?

Ethereum operates in a similar way to the Bitcoin network, in that it allows users to send and receive tokens that represent value over an open network. However, the primary aim of Ethereum is not to act as a form of money, but to operate smart contracts.

Utility Token btc IoT patented technology Bitcoins Bitcoin blockchain blockchain wallet litecoin ltc omisego omg aragon ant augur rep bat civic cvc dash decred drc district0x dnt eos etherclassic etc funfair gnosis gno golem gnt salt DIGITAL CURRENCY nucleus vision iost arcblock online platform for buying selling transferring