LEGAL APPRAISAL OF MARKET DOMINANCE AND ABUSE UNDER THE FEDERAL COMPETITION AND CONSUMER PROTECTION ACT (FCCPA) 2018

Abstract
The growth of every nation’s economy is directly proportional to the growth and development of the law of that nation. The law should regulate how undertakings in the various sectors compete amongst themselves. In Nigeria the Federal Competition and Consumer Protection Act is the grundnorm for competition and consumers protection, although, there are other sector related regulation that also governs the operations of undertakings in the concerned sector. With regards to competition, over the years conducts of undertakings in Nigeria were not regulated, as a result of
this, dominant undertakings exploited the system by engaging in acts that caused competition to shrink by the day. This research work therefore reviews abusive act and
the challenges bedeviling the enforcement of the Federal Competition and Consumer Protection Act in Nigeria. The findings of this research among other things revealed that
the FCCPA does not have an issue with an undertakings attainment of dominance and as such did not make any provision proscribing same, rather what the law is concerned with is how dominant undertakings conduct their
affairs not to distort competition. Amongst others it is recommended that the Board and Tribunal should be decentralized with operational offices across the states or the geographical zones.

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