The Competition and Fair Trading Commission (CFTC) says it will conduct a market study in the education sector to assess competition and consumer welfare.
This is according to CFTC press statement which has been signed by its Acting Executive Director Apoche Itimu.
It says the study aims to establish the level of competition in the relevant markets and to understand the consumer welfare concerns prevailing in the sector.
The statement indicates that during the study which will cover both public and private institutions, targeting both nursery, primary, secondary and tertiary education, the Commission will be soliciting views from various stakeholders in the sector.
“In pursuance of this mandate, the Commission carries out studies in various sectors of our economy to identify anticompetitive and unfair trading practices for redress. It is against this background that the Commission wishes to inform the general public and institutions in the education sector of its intention to conduct a market study in the education sector.
“The objectives of the study are; to establish the level of competition in the relevant markets and to understand the consumer welfare concerns prevailing in the sector,” reads part of the statement.
Meanwhile, relevant stakeholders have been urged to accord the Commission’s officers conducting this study, kind and cordial attention and has since assured them that their submitted information will be treated with strictest confidentiality.
The stakeholders are also advised to request from the Commission a copy of the questionnaire being used to gather information from stakeholders and to provide any information that may be relevant to the study and says deadline for receiving written views is 15th December, 2022.
The Competition and Fair Trading Commission is a Government agency established under the Competition and Fair Trading Act, Cap 48:09 of the Laws of Malawi with a mandate to regulate, monitor, control and prevent acts or behaviour which are likely to adversely affect competition and fair trading in Malawi.
