The Fair Competition Commission (FCC) is an independent government body established under the Fair Competition Act, 2003 (No. 8 of 2003), to promote and protect effective competition in trade and commerce and to protect consumers from unfair and misleading market conduct.
The ultimate goal of the Act is to increase efficiency in the production, distribution and supply of goods and services. Establishment of FCC is a significant step in Tanzania’s effort to establish a market economy.
For many years Tanzania's economy was centrally planned, until mid 1980s, during which, the country embarked on a programme of trade liberalization, which was followed by the policy of privatizing state owned enterprises from 1992.
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