COMESA Competition Control: The Journey So Far*
The COMESA 2018 report is encouraging; accounting for 46% of African FDI inflows, with 33% of all projects being greenfield, 38% of all cross-border M&A sales and raking in USD 19 billion investment income. COMESA’s value and contribution to regional trade is therefore established.
Likewise, the business case for competition rules fifteen years on, seems to have been sustained. Competition regulations are important because they set minimum standards for free and effective competition whilst discouraging anti-competitive conduct.
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