Status requires review — We have not verified this source's current status.
Structural division: Book Three › CHAPTER THREE › SECTION THREE
Article 130 — Seller Prohibited from Competing
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ During five years from the sale, the seller shall refrain from doing any act of competition likely to injure the buyer. In particular, he may not carry on, in the vicinity of the business he sold, a trade similar to the trade carried on by the buyer.
2/ The contract of sale may specify the area and type of trade covered by such prohibition which shall in no case exceed five years.