Morocco Plays Leadership Role in Regulating Competition

Morocco Plays Leadership Role in Regulating Competition
Wednesday 17 March 2021 - 17:26

Morocco plays a real leadership role in regulating competition in the world, participants in a high-level international workshop on the National Competition Barometer said Wednesday.

Participants in the event, held in virtual format by the Competition Council, highlighted the importance of developing bilateral and multilateral partnerships to build national competition barometers, making this structuring project an element of cooperation particularly at the African level.

In his opening remarks, Commissioner at the South African Competition Commission Tembinkosi Bonakele hailed Morocco’s achievements in regulating competition.

“We continue to observe with great interest developments made by Morocco in terms of market control rules,” Bonakele said.

Vice-President of Turkish Competition Authority Ferhat Topkaya described as ”considerable” Morocco’s progress in regulating competition and governance policy.

He recalled the recent signing of an Memorandum of Understanding between the Turkish Competition Council and its Moroccan counterpart, which enabled each authority to provide solutions to common problems.

Topkaya stressed the importance of the National Competition Barometer project as it will shed light on the structures of the Moroccan industry and thus enable the country to improve its competitiveness.

The President of the Spanish Competition Authority, Cani Fernández presented key elements of the Spanish experience. Fernandez also highlighted the strategic importance of having relevant data sources for a thorough knowledge of the markets and a better regulation of competition

The international workshop aims to mobilize the collective intelligence of practitioners and experts representing National Competition Authorities (Spain, South Africa, and Turkey) as well as representatives of the Council’s international and regional partner institutions and organizations working in the field of international competition law and policy (World Bank, International Monetary Fund, Organization for Economic Co-operation and Development and United Nations Conference on Trade and Development).

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