Making Markets Work for Africa: Markets, Development, and Competition Law in Sub-Saharan Africa
Using case studies of particular countries and particular regions, delving deeply into the facts, this book focuses on market law and policy in sub-Saharan Africa, showing how markets can be harnessed by poorer and developing economies to help make the markets work for them: to help them integrate into the world economy and provide a better standard of living for their people while preserving their values of inclusive development. It explores uses of power both by dominant firms, often multinationals, and incumbent governments and cronies, to ring-fence their market positions and deprive rivals - often the indigenous people - from fair access to markets and highlights how competition authorities are pushing back and winning fair access, lowering prices of goods and services especially for the poorer population. The book also examines the next level up - regionalism - and provides the facts that show how regionalism has so far failed to meet its promise of freeing markets from cross-border restraints by large firms that operate across national borders.
On the more technical side, the book takes a deep look at the competition policies of sets of nations in sub-Saharan Africa - West, South-eastern, and South. It examines the performance of the competition authorities of particular nations, including how they handle cartels, monopolies and mergers; their standards of illegality, and their methodologies for incorporating public interest values into their analyses.
Observing the good works by a number of the national competition authorities, the book is optimistic about the role of the national competition authorities in protecting the people from abuses of economic power, and, perhaps in the future, the role of regional authorities and less formal networks in promoting an African voice in defence of competition.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
abuse of dominance adopted agency agreements anticompetitive practices antitrust Botswana cartels cement challenge Chapter cluster COMESA common market Competition Act competition authorities Competition Commission competition law competition policy competitors conduct consumers cooperation costs Court create cross-border decision developing countries dominant firm dominant position economic ECOWAS effect efficiency Eleanor enforcement enterprises European Union excessive pricing exclusionary exemption export global growth Guinea Bissau harm inclusive development industry institutions integration International Competition Network Ivory Coast jurisdictions Kenya law and policy Malawi Mauritius merger Mittal monopoly Mor Bakhoum multinational Namibia national competition authorities national competition laws percent petition political poverty problems prohibits protect public interest regional competition authority regulation restraints rules SADC Safaricom Sasol sector Senegal South Africa South African Competition standards sub-Saharan Africa supra note Tanzania tion trade Tribunal violations WAEMU WAEMU Commission West African World Bank Zambia Zimbabwe