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Veolia Faces $10 Million Fine from Competition Council for Breach of Competition Laws

Veolia Environnement, a prominent French utility company renowned for its expertise in water and waste management, is currently grappling with a significant fine of $10 million (100 million dirhams) imposed by the Competition Council. This body, an integral part of the Moroccan Competition Authority,......

Morocco Shines Bright at the 12th Bakery World Cup, Clinching 6th Place

In a remarkable display of talent, Morocco has left an indelible mark on the global culinary stage, securing an impressive 6th place among a pool of 12 elite finalists at the prestigious Bakery World Cup held in Paris from January 21-24. The Moroccan contingent, under the adept leadership of Rahal Essoulami,......

Societe Generale Faces €4.5 Million Fine Over Deceptive Fees

France's financial fraud watchdog has taken action against banking giant Societe Generale, imposing a €4.5 million fine for engaging in deceptive practices that resulted in customers being unfairly charged fees. The penalties stem from an extensive investigation conducted by The General Directorate......

High Wages: An Asset for Workers, a Challenge for Businesses?

Morocco boasts the third-highest minimum wage among major EU garment suppliers, presenting both opportunities and challenges for the country's vital textile industry. A recent study from the French think tank Evalliance suggests that Moroccan manufacturers may need to adapt pricing and production......

Moroccan Politicians Fall Short on Asset Declaration Requirements

A newly released report analyzing asset declarations in Morocco has found that the vast majority of elected officials failed to fulfill their legal obligation to disclose personal financial holdings. Between January 1st and October 31st of this year, only 193 out of 515 total members of parliament submitted......

PSG Poised for Debut in the Inaugural FIFA Club World Cup in 2025

On Sunday, the Fédération Internationale de Football Association (FIFA) revealed plans for an expanded Club World Cup tournament set to make its debut in June 2025. Notably, powerhouses such as Paris Saint-Germain, Manchester City, and Real Madrid have already secured spots in this highly......

Morocco-EU Partnership: Successful Advances in Competition Law

A collaborative partnership between Morocco and three European Union member states Greece, Poland, and Italy has resulted in significant advancements in Morocco's competition law and oversight, as per officials. Ahmed Rahhou, President of Morocco's Competition Council, announced on Tuesday that......

Fueling Compliance in Morocco's Oil Industry

The Moroccan Competition Council has issued a stern warning to the behemoths of the oil industry, emphasizing the consequences of failing to honor their commitments. Council President Ahmed Rahhou, in a recent interview, shed light on the persistent scrutiny of the country's diesel and gasoline markets,......