Morocco sets up competition council

Morocco on Tuesday set up a competition council that will play a refereeing role in matters of loyal economic competition.

Morocco's Premier Abderrahmane Youssoufi, installed the same day the members of the council, chaired by Othmane Demnati, a former agriculture minister.

The council was set up to facilitate transition into an economy that will more and more apply market mechanisms, transparency and loyalty in commercial relations as well the consolidation of consumers' information rules, Youssoufi said at the installation ceremony.

The Council will be representative and impartial in its decisions and will be endowed with the necessary means to conduct investigation and fulfil missions vested on it, he said.

The council will be made up of six representatives of the administration, three economic and legal experts and three members having served in production, distribution and services.

The new body will play an advisory council regarding anti-competition practices.