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Structural division: BOOK ONE › parts › CHAPTER FOUR
Article 45 — Prohibition from Carrying on Similar Private Trade
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ A commercial agent may carry on any private trade which is not similar to the trade carried on by the principal. The agency agreement may be cancelled and damages may be due where the agent carries on trade similar to the trade carried on by the principal.
2/ Unless otherwise provided in the agency agreement, a commercial agent may act in the area specified in the agreement on behalf of other traders who work in areas not similar to the trade carried on by the principal.
3/ In no case may a commercial agent act, in the area specified in the agency agreement, on behalf of traders who carry on trade similar to the trade carried on by the principal. The agency agreement may be cancelled and damages may be due where the agent disregards this prohibition.