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We are looking for people who aim to go further and face the future with confidence.
The Competition Law was published on 10 May and it establishes the set of principles and rules that govern competition in Angola (“Competition Law”).
The Competition Law applies to a wide group of entities including state and private companies, groups of companies, cooperatives, and business associations, among others. The Law covers economic activities carried on a permanent or occasional basis in Angola, or having effects here.
The objective of this Law is, therefore, to safeguard healthy and fair competition between economic agents. To achieve this, it lists a set of practices capable of restricting or distorting competition between these agents and, in doing so, it establishes a system to defend competition.