Fair Competition Tribunal Vacancies –6 Positions
Job Overview
Fair Competition Tribunal Vacancies –6 Positions
The Fair Competition Tribunal is one of the institution established by the Fair Competition Act CAP 285 under section 83(1) whose mandate is to adjudicate appeal cases originating from decisions or orders of various Regulatory Authorities and the Fair Competition Commission. The Fair Competition Tribunal started in 2004 under the Chairmanship of Hon. Justice (Ret.) L.B. Kalegeya. FCT is a specialist quasi-judicial body which hears and decides appeal cases involving competition and economic regulatory issues. It is at the apex of economic regulation and competition regime that ensures economic growth of the citizens of Tanzania as well as of the nation at large through market regulation and promotion of competition so as to protect consumers from anti-competitive practices, ensure efficiency, encourage innovation and attain sustainable development. In 1980s many third world countries decided that the economy should be run by market forces (market economy) as opposed to planned economy. Tanzania witnessed regulatory reforms from 1986 so as to comply with the new economic order. As part of regulatory reforms, a number of policies and laws were reviewed so that they can be in line with the market economy. Subsequently, the Fair Trade Practices Act, 1994 was passed to oversee both activities carried out by the network providers, generally known as natural monopolies, and to oversee the activities of competing economic players by prohibiting certain uncompetitive practices such as price setting in the market and misuse of market power.
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