Regulation: Can the FCCPC navigate overreaching provisions of the FCCPA?
On January 30, 2019, Nigeria joined the ranks of nations with an all-encompassing Competition Law upon the enactment of the Federal Competition and Consumer Protection Act (FCCPA). This development which was long overdue received several accolades both locally and internationally, as Nigeria being Africa’s biggest economy lagged behind in this important law needed to ensure fair play in the market as well as regulate abuse of dominant and monopoly power by big firms.
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