The ERCA Executive Director, Mrs Henrietta Uzoamaka Didigu, said ahead of the launch: “Given the acknowledged and significant role competition law plays in the economic prosperity of developed nations, and with the adoption of a sound regional framework for Competition Law within the region, ECOWAS has once again demonstrated its commitment to facilitating regional integration through the promotion of regional economic growth and prosperity”
In recognition of its strategic importance to the regional integration efforts, beginning from the 28th of May 2019, a technical committee meeting of national Experts from the Trade and Competition Agencies will precede the launch, offering all stakeholders the opportunity to chart a course for the operations of ERCA and also discuss the unique market structure of the ECOWAS regional market. The Rules are essentially to promote, maintain and encourage competition and enhance economic efficiency in production, trade and commerce at the regional level.īeing a specialized agency with adjudicatory and investigative powers, ERCA also has a core mandate of keeping under review commercial activities in the Community market with a view to ascertaining practices which may distort the efficient operations of the market conduct or which may adversely affect the economic interest of consumers. The ECOWAS Regional Competition Authority (ERCA) is established to implement the Regional Competition Rules adopted by the ECOWAS Authority in 2008. The Commission of the Economic Community of West African States (ECOWAS) has launched its Regional Competition Authority, on the 31st of May 2019, in Banjul, The Gambia.
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