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Africa: Experts warns against underestimating competition law

By  |  June 6, 2013
Africa: Experts warns against underestimating competition law

A recently published column is warning foreign investors that Africa’s competition law should not be underestimated as businesses look to expand into the continent. Bowman Gilgillan associates Ann Boniell and Lebohang Lengoasai have written on the strengthening presence of COMESA, the Competition Market for Eastern and Southern Africa, as it adapts regulations similar to those of European competition law. Specifically, the regulator has recently implemented policies concerning free trade between COMESA’s member states to bolster competition in the regions, which lead to the necessity for regional competition law. It’s a development that should be noted by foreign investors, say the authors, who view Africa as a key emerging market.

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