THE Competition and Consumer Protection Commission (CCPC) has fined Yango for unfair trading practices that had forced competitors out of business. In a statement issued, Wednesday, CCPC Senior Public Relations Officer Florence Zaza stated that Yango had contravened Sections 8, 10 and 16(2)(a) of the Competition and Consumer Protection Act. She disclosed that the CCPC Board of Commissioners determined that Yango Zam Limited engaged in concerted practices that restricted market competition and stripped drivers of their pricing autonomy. “Following a comprehensive investigation and consideration of the submissions made relating to violations under the Competition and Consumer Protection Act No. 24 of 2010 as amended, the Board of Commissioners determined that Yango Zam Limited contravened Sections 8, 10, and 16(2)(a) of...
