Mozambique Dugongo Cimentos, a company owned by the business arm of Frelimo, the ruling party, said on Monday it will pay the 20.5 million meticals penalty imposed in August for anti-competitive practices. The fine was decreed by the Competition Regulatory Authority on the grounds that Dugongo did not answer questions from the regulator...
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Dugongo cement plant sanctioned for adopting anti-competitive practices
The Competition Regulatory Authority (ARC) announced yesterday it had sanctioned the cement plant Dugongo, in the amount of more than 20 million Meticais, for not providing information in response to several requests from this entity. The information had been requested repeatedly since August 2021, in the context of the ongoing study on the...
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"There are anti-competitive practices in the national market", - denounces ARC
The Competition Regulatory Authority (ARC) recently denounced, in Maputo, the occurrence of anti-competitive practices in the domestic market. According to the chairman of the board, Iacumba Aiuba, quoted by "Notícias", such practices consist in fixing minimum profit margin in order to crush others and marking uniform prices or...