First Independent Mena Newspaper
Morocco’s Competition Council quarterly analysis of nine fuel distribution companies reveals price, margin, and tax revenue declines during the second quarter of 2025, highlighting persistent gaps between international cost reductions and domestic pricing adjustments. The comprehensive monitoring system, established through transactional agreements between the Competition Council and distribution companies, provides essential economic transparency in a […]
Since May 1, 2025, payment institutions and banking subsidiaries dedicated to acquisition services, with proper authorization, can operate in Morocco’s electronic payment market and commercialize their offerings, the Competition Council announced. The Council recently held a follow-up meeting on dismantling the quasi-monopoly held by the Centre Monétique Interbancaire (CMI) in the electronic payment market. Besides […]
Moroccan competition regulator fined Viatris $0.7 mln for failing to notify it of a merger, sources told Reuters. Viatris was created out of a merger between Upline and Maylan, which has business in Morocco. The fine amounts to 2.5% of Vitaris local Morocco operations and was already paid to the treasury. The council was also […]
Morocco’s competition council issued a fine of 1.8 billion dirhams or 180 million dollars against nine fuel supply, distribution, and storage companies for their failure to respect fair competition standards in the county. The council did not unveil the name of the nine companies in its statement but said it had reached an agreement with […]
Morocco’s competition council said it will look again into the dysfunctions marring the fuel distribution market which has spilled so much ink due to its oligopolistic nature and claims on price fixing. The council said it will re-examine the issue following the approval of a law that fosters its mandate to ensure free competition regulations […]
Morocco’s competition council approved the acquisition by Morocco’s Akwa Africa, a subsidiary of Akwa group, of Total Energies fuel distribution subsidiary in Mauritania. The council did not offer details on the transaction but earlier in November, Financial Afrik said it would amount to 185 million dollars. Akwa Africa was established to help the group expand […]
Morocco’s competition council has issued a new report detailing facets of dysfunctions in the fuel market from the upstream to the downstream, citing notably the repercussions of oligopoly in a country where 3 companies have more than 60% of the market share. The 104-page report came at a context where Morocco bears the brunt of […]
Morocco’s competition council fined Switzerland’s Sika Ag for its non-compliance with local competition law, the first sanction delivered by the regulator since its creation. Sika Ag had acquired Dry Mix Solutions, both operating in the manufacturing of construction material, without informing or getting approval from the Moroccan competition council in advance. The fine stood at […]
King Mohammed VI appointed Ahmed Rahhou new head of the competition council and Zineb Al Adaoui head of the court of auditors. Rahhou succeeds to Driss Guerraoui whose tenure was marred by procedural dysfunctions relating to a report on fuel price fixing. The new appointment is part of the King’s firm attachment to the independence […]
The competition council called for putting an end to monopolies that created an oligopolistic situation in Morocco, citing the sectors of fuel distribution, banks, insurance companies and cement producers. In its annual report for 2019, the first since the council’s reactivation the same year, the council recommended for the new development model to break up […]