The Competition Act 2007
In 2007, the Competition Act was passed by the National Assembly and assented to by the President to promote competition in the supply of goods and services by establishing a Commission, by prohibiting collusive agreements and bid rigging, by providing for investigation and control of other types of restrictive agreements and of monopoly and merger situations, by promoting understanding of the benefits of competition and to provide for other matters connected therewith.
What is its purpose?
The primary purpose of the Act is to prevent or regulate the continuation of clearly anti-competitive agreements and behaviours that are unlikely to be beneficial to anyone other than the parties to that, usually secretive, agreement.
The Competition Act, 2007 aims to safeguard the process of competition between enterprises operating in The Gambia in markets open to competition. It is essentially intended to ensure that businesses do not frustrate competition by putting up private barriers to the operation of markets, thus denying customers the benefits, in terms of price, quality and variety that freely-functioning markets should provide.
The Act provides for the establishment of a Competition Commission, an independent body corporate with perpetual succession and common seal, with a mandate to administer and enforce the Act.
CONSUMER PROTECTION ACT, 2014
The Consumer Protection Bill 2014 was passed into law by the National Assembly in April 2014 and assented to by the President to protect consumers from unfair and misleading market conducts. The Act is cited as The Gambia Consumer Protection Act, 2014.
PURPOSE OF THE ACT
This Act is to ensure that consumer protection rights are guaranteed as well as encouraging fair trade which is geared towards discouraging businesses from engaging in fraud.Â This Act is also not only to ensure that these rights are enforced to the latter by the Commission but it also gives room for consumers to lodge in their complaints through the Commission or the Consumer Protection Tribunal as well as provide remedy in the event of breach of these rights.
ESSENTIAL COMMODITIES ACT, 2015
This Act was passed into law in 2015 to regulate the interest of the general public, the importation, distribution and retailing of essential commodities in The Gambia, to ensure their availability at fair and reasonable prices, and for connected matters.
PURPOSE OF THE ACT
This Act ensures that all importers, distributors and retailers in essential commodities acquire essential commodities license in order to trade in it. It main purpose is that essential commodities are available at fair and reasonable prices to ensure affordability by all Gambians.
How can I get further information about the ACT?
This website contains a great deal of information about the Competition Act 2007, Consumer Protection Act 2014, Essential Commodities Act, 2015 and other relevant legislation which has been enacted by the Gambian Government to protect citizens and promote business.