2023-09-02 11:30:00
2022 was an exceptional year for the Competition Council in terms of litigation. For the first time since its creation, the Council headed by Ahmed Rahhou activated its power of sanction, provided for by law n° 104-12, relating to the freedom of prices and competition, to make during the year last 31 decisions, imposing penalties for a total amount of 72.064 million dirhams.
In his last Annual Reportthe Conseil informs that a sanction was pronounced for anti-competitive practices, while 3 sanctions were pronounced for failure to notify economic concentration operations, dealt with within the framework of automatic referrals.
Read also: Concentration, complexity, lack of innovation… the Competition Council points out the dysfunctions of the insurance market in Morocco
The other 27 sanctions were decided for failure to notify economic concentration operations, dealt with in the context of requests for regularization. These operations have already been the subject of a regularization to the tune of 36 million dirhams, specifies the Council.
In total, the Competition Council issued 177 decisions and 4 opinions in 2022. This report covers the various fields of competence of the Council, in this case the control of economic concentrations, the fight once morest anti-competitive practices and requests for opinion falling within its advisory missions.
Increase in capital of Moroccan origin invested
Compared to the previous year, the year 2022 recorded an increase in decisions rendered with regard to the control of economic concentrations having concerned more than twenty operations (142 decisions in 2022 once morest 121 in 2021).
Read also: Hydrocarbons: the Competition Council confirms the existence of anti-competitive practices, nine companies pinned
Of the 142 decisions issued, 135 operations authorized by the Competition Council totaled an overall volume of financial commitments of 787 billion dirhams, i.e. a lower level than that of commitments relating to economic concentrations authorized a year earlier (1,213 billion dirhams). dirhams).
Investments involving Moroccan capital have increased considerably to reach an overall volume of 185 billion dirhams, i.e. 14 times more than in 2021, which corresponds to 23.1% of the total commitments of the notifying parties.
09/02/2023 at 7:30 p.m., updated on 09/02/2023 at 7:30 p.m.
1693697002
#Competition #Council #imposed #million #dirhams #fines