Competition / Anti-Trust Regulation In Nigeria: Restrictive Agreements

INTRODUCTION

The Federal Competition and Consumer Protection Act ("FCCPA"), 2018 is generally the primary legislation for the regulation of competition and protection of consumers in Nigeria. One of the salient objectives of the FCCPA is to prohibit restrictive or unfair business practices that prevent or restrict competition (as captured in Part VIII (Section 59-69) of the FCCPA).

In furtherance of the provisions of the FCCPA, the Federal Competition and Consumer Protection Commission ("FCCPC") released the Restrictive Agreement and Trade Practices Regulations, 2022 ("Regulations") which provides a framework for the implementation of the provisions of the FCCPA on restrictive agreements.