Helena Dalli underlines need to strengthen the Office for Competition

Minister Helena Dalli reiterated the Government’s will to strengthen the Office for Competition, within the Malta Competition and Consumer Affairs Authority (MCCAA).

The office ensures the effective application of the law for the benefit of consumers and economic operators.

“This is necessary in order to ensure that it can effectively perform its tasks and where necessary strengthen the legal regime affecting it and the laws it applies,” Dalli said while addressing a seminar on competition law.

Helena Dalli said that competition is the driving force of a market economy and that this mechanism instigates undertakings to offer goods and services at the most competitive, and therefore favourable, terms and conditions to the consumer.

“Competition encourages companies and all economic operators to be efficient and to come up with more innovative products and services.  For the individual consumer, competition ensures lower prices, better quality and wider choice. For the economy as a whole, competition boosts and supports economic growth,” she said.

Dalli also spoke about enforcement of competition law, which if done efficiently, protects competition and safeguards both the economy and consumer welfare.