Yesterday (24th August), the Mongolian Cabinet approved a court ruling to dismiss D.Munkhtur as director of the Authority for Fair Competition and Consumer Protection (AFCCP). Subsequently, B.Lkhagvaa will be appointed as the new AFCCP director.
The Unfair Competition Regulatory Authority (UCRA) was formally established in 2005. At the end of 2008, the name was changed to the “Authority for Fair Competition and Consumer Protection (AFCCP)” following the addition of consumer protection issues to the authority’s functions. The AFCCP enforces Competition Law, Consumer Protection Law and Advertisement Law.