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By Teresa Moreira, Head of Competition and Consumer Policies, UNCTAD
Around one third of the food produced is never eaten, even as 10% of the world population faces hunger each day. The resources used, including water, land and energy, also go to waste.
The southeastern African nation is determined to make legislative, administrative and procedural changes to make markets fairer and better protect consumers.
As online platforms are global in nature, more regional and international cooperation is needed for effective enforcement of competition law in cross-border cases in the digital economy.
The economic and health crisis triggered by COVID-19 has put vulnerable consumers in a more precarious situation, leaving them unable to pay for essential household expenses.
Better and more inclusive policies can help move consumers from passive to active market players in the protection of the planet.
Countries are urged to step up efforts to safeguard consumers’ health, safety and economic interests amid the pandemic.
Stakeholders gather to share experiences and exchange information to advance the welfare of consumers in open markets.
