The competition and Fair Trading Act contains the following prohibitions:
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Anti-Competitive Practices - This prohibits agreements of concerted practices between enterprises, which have the objective of preventing, restricting or distorting competition to an appreciable extent in Zambia or any substantial part of it.
Mergers and Takeovers - The merger control regulation under the Act applies to all mergers in the economy that involve the acquisition or the establishment of control over a significant interest in the whole or a part of a business of a competitor, supplier, customer or other person.
Trade Agreements - This deals with Horizontal arrangements, this refers to implicit or explicit arrangements between firms competing with identical or similar products in the same market.
Anti Competitive Trade Practices by Associations - Section 10 captures anti-competitive practices by trade associations. “Trade Associations” here means a body of persons which is formed for the purpose of furthering the trade interests of its members or of persons represented by its members.
Unfair Trade/Consumer Welfare and Protection - This contains a range of provisions aimed at protecting consumers.
Criteria for Controlling Monopolies and Concentrations of Economic Power - Section 11 concerns control of monopolies and concentrations of economic power.
