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Ethiopian Federal Laws
Go to Laws Index
Title:
Trade Practice
Proclamation No.:
329/2003
Jurisdiction:
Federal
Law Type:
Proclamation
Category:
Economic and Trade Regulation
Country:
Ethiopia 🇪🇹
Format:
PDF (
Amharic and English
)
FEDERAL NEGARIT GAZETA OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA ii u 49 ,lf fOJll) CONTENTS flo.finfl 329/2003 2152 hIPt-C 10! r ll "IP t-C out)hA F . 0 0 it C'I F F " ou hA fi. C/Jit f,tJ . fl. "1 0101 Ft. f .rA lilf , Pnce 329/2003 TRADE PRACTICE PROCLAMATION WHEREAS, it that trade practice must be undertaken in accordance with the free-market economic policy of the country; WHEREAS, it is desirable to establish a system that is conducive for thepromotion of competitive environment, by regulating anti-competitive practices in order to maximize economic efficiency and social welfare. WHEREAS, it is believed that the regulation of price and equitable distribution of certain basic goods and services intimesofirregularand shortsupply isnecessary tosafeguard the public; NOW, THEREFORE, in accordance with Article of the Constitution of the Federal Democratic Republic of Ethiopia, it is hereby proclaimed as follows. PART ONE General Short Title This Proclmation may be cited as "Trade Practice Proclamation No. Definitions Unless the context otherwise reqUires, in this Proclamation: "Basic goods or services" means go?ds or services related to the daily material need of the consumer, the shortage of which in the market may lead to unfair trade practice; 80,001
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