On March 21st 2013, the Competition Law was promulgated by the President of the Republic of Mozambique, Armando Guebuza. This law was widely discussed during the past few years and emerged from a recommendation made by the Southern African Development Community (SADC) in which Mozambique i s a Member State.
It shall also be highlighted that, in 2007, the Council of Ministers approved the Mozambican Competition Policy through resolution nº. 37/2007 of November 12th, whereby it was decided that the implementation strategy should cover a Legal dimension (through the enactment of the appropriate legal framework to regulate competition matters), an Institutional dimension (through the establishment of a competent Competition Authority empowered to enforce the Competition Law) and also the awareness of the various stake h o l d ers such as the government, the regulators and the private sector.
Despite the improvements registered at a macro-economic level, the Mozambican market is still not very much consolidated and regulated, thus the Mozambican Government is seeking to promote the economic development of the Country through the liberalization of certain service sectors such as telecommunications, ports, railways, etc.
Nevertheless, abusive dominant position situations are quite frequent and, therefore, it is aimed that this Competition Law becomes a fundamental tool in the sustained development of the Country.