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Making Markets Work for Africa - Markets, Development, and Competition Law in Sub-Saharan Africa (Paperback)
Loot Price: R1,212
Discovery Miles 12 120
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Making Markets Work for Africa - Markets, Development, and Competition Law in Sub-Saharan Africa (Paperback)
Expected to ship within 12 - 17 working days
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This book focuses on market law and policy in sub-Saharan Africa,
showing how markets can be harnessed by poorer and developing
economies to help make the markets work for them: to help them
integrate into the world economy and provide a better standard of
living for their people while preserving their values of inclusive
development. It explores uses of power both by dominant firms,
often multinationals, and incumbent governments and cronies, to
ring-fence their market positions and deprive rivals - often the
indigenous people - from fair access to markets and highlights how
competition authorities are pushing back and winning fair access,
lowering prices of goods and services especially for the poorer
population. The book also examines the next level up - regionalism
- and provides the facts that show how regionalism has so far
failed to meet its promise of freeing markets from cross-border
restraints by large firms that operate across national borders. On
the more technical side, the book takes a deep look at the
competition policies of sets of nations in sub-Saharan Africa -
West, South-eastern, and South. It examines the performance of the
competition authorities of particular nations, including how they
handle cartels, monopolies, and mergers; their standards of
illegality, and their methodologies for incorporating public
interest values into their analyses. Observing the good works by a
number of the national competition authorities, the book is
optimistic about the role of the national competition authorities
in protecting the people from abuses of economic power, and,
perhaps in the future, the role of regional authorities and less
formal networks in promoting an African voice in defence of
competition.
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