advancing antitrust regulation in africa
The panel, comprised of heads of antitrust agencies from various African countries, engaged in discussions surrounding crucial topics related to antitrust regulation.
The challenge of regulating global digital monopolies, as well as the role of antitrust in safeguarding global food and human security were among the key issues that were addressed. Additionally, the panel focused on promoting equitable participation of all countries in the global economy and facilitating access to technology transfer tools.
He emphasized that antitrust law emerged in times of uncertainty, playing a pivotal role in advancing economic systems in various regions.
Throughout history, antitrust laws contributed to the development of post-war Europe, Russia during its transition to a market economy, China during the period of reform and opening up,South Africa after the fall of apartheid, and Brazil following the end of dictatorship. Today, faced with global uncertainties, the significance of antitrust law resurfaces. The modern dominance of global monopolies necessitates global antitrust initiatives, which can only be realized through interstate collaboration, represented by BRICS+, including the involvement of new members from African countries. Remarkably, significant progress has been achieved in harmonizing antitrust regulation through bilateral, regional, and international cooperation among 29 African states.
Trade between African and GCC countries stands at $ 121 billion in 2023, double of what it was in 2016.…
Family members struggling after one week after of Cyclone Chido ripped through the French island territory of Mayotte expressed helplessness…
The United Arab Emirates has launched its orphanage project in Ethiopia's Oromia region on the orders of President Sheikh Mohamed…
In just four months, 100 women have been killed, the majority by males they knew including spouses. Prime Cabinet Secretary…
The Ghanaian entertainment industry is in deep mourning following the sudden death of Bright Owusu, better known as C Confion.…
Since the beginning of December more than five hundred people have lost their lives on the nation's highways. Barbara Creecy,…
This website uses cookies.