Myanmar Competition Commission issued the restrictions on increasing sales

Myanmar Competition Commission issued Order (2/2020) on 25 March, exercising its power conferred under Article 56-(b) of the Competition Law.
The order is directed at businesses (excluding the service industry) and aims to foster free and fair competition, develop fair competition in the market unilaterally, receive equitable benefits and protect the public interest by issuing the following compulsory restrictions on increasing sales.
(a) Advertising or the use of other methods to increase sales need are required to use language, symbols, images and data that assures correct responsibility or certain guarantee.
(b) The use of language, symbols, images and data that may mislead, misinform, coerce, deceive or confuse the public is prohibited.
(c) The use of language, symbols, images and data that may either damage the reputation of another business, negatively affect their benefit or hinder their work processes is prohibited.
(d) The use of language, symbols, images and data that imitates or can be confused with other businesses is prohibited.
(e) Businesses that wish to advertise the support or accreditation of a certain organization need to possess genuine data of support or be able to submit upon request.
All businesses are required to adhere to the compulsory rules mentioned above. Failure to comply will result in either managerial action or penalization from the Myanmar Competition Commission.—MNA (Translated by Zaw Htet Oo)

(The Global New Light of Myanmar: https://www.globalnewlightofmyanmar.com/myanmar-competition-commission-issues-restrictions-on-increasing-sales-2/ )

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