Nigeria: Senate Moves to Combat Unfair Business Practices, Promote Competition

With the passage of the Federal Competition and Consumer Protection Commission Act, the Senate has moved the country one step closer to establishing a legal framework to combat unfair business practices, promote competition and protect the rights of consumers.

The Consumer Protection Commission Act, according to a statement by the Media Office the Senate President, will significantly aid the nation's economy by addressing various trade concerns and the emergence of cartels and private monopolies.

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