The Department of Internal Trade (functioning as Secretariat of LCC) under the Ministry of Industry and Commerce (MOIC) organized the Meeting of Lao Competition Commission (LCC) and related Focal Points on 15th July 2022 at Lao Plaza Hotel, Vientiane Capital. The meeting supported by GIZ-COMPETE Project under German government was chaired by H.E. Bountheung DOUANGSAVANH, Vice-Minister of MOIC cum the Chairman of LCC. Invited participants were all members of LCC, related focal points, Mr. Frank Tibitanzl (Director of GIZ-COMPETE Project), officers of the Competition Division, and officers from related Divisions within the Department of Internal Trade.
The main objectives of the workshop were to meet all members of LCC and focal points to review, evaluate the implementation of business competition, as well as to discuss, exchange ideas and understand the rights and duties of the LCC and related working documents including (1) the report of the past implementation of business competition, dissemination of the content of the Law on Competition; (2) Ministerial Decision on the Rights and Duties of the LCC; (3) Ministerial Decision on Competition Inspectors; (4) a market study in Lao market; (5) lessons in formulating international competition policy; (5) regional and international competition activities relating to relevant competition agency.
At the end of the meeting, the chairman also requested participants to pay attention to research, follow up, comment and understand the important contents and technical knowledge, which are necessary for to the fully use relating to competition work. The implementation of competition work grows and is more effective in the management of sectors in the nation and for all Lao people in promoting fair competition under laws and regulations.
By: Phaivanh KHODVANTHA
Photo: Phaivanh KHODVANTHA
