News and developments
Competition & Eu: Angola Approves Competition Act
On 18 April 2018, the National Assembly of Angola approved the Competition Act (the “Act”).
The safeguard of sound competition between economic agents aims at fully implementing a market economy,
stimulating the Angolan economy and improving the standing of Angola in the “Doing Business” international rankings.
The Act is applicable to all economic sectors, thus covering private, public and cooperative undertakings, as well as
business associations.