Nigerian Sectoral Economic Reforms in the Absence of Competition Law: A Critique

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Date
2009-03
Journal Title
Journal ISSN
Volume Title
Publisher
Nigeria Legal Information Institute
Abstract
Antitrust Laws are statutes which promote competition among market forces and players in an economy. In essence, Competition is part of life, both for individuals and corporate personalities, when healthy, it stimulates growth. Antitrust Laws are otherwise known as Competition Law in various jurisdictions. Free and open economy benefits consumers by ensuring lower prices, new and better products and services. As of the time of writing this paper, Nigeria lacks this vital legal regime. The paper advocates the enactment the enactment of this vital legal regime by the National Assembly.
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Keywords
Antitrust law, Power sector, Reforms, National Assembly
Citation
Working Paper Series 001