Table of Contents

Competition Policy and Regional Integration in Developing Countries

Competition Policy and Regional Integration in Developing Countries

Edited by Josef Drexl, Mor Bakhoum, Eleanor M. Fox, Michal S. Gal and David J. Gerber

The book provides insights on the regional integration experiences in developing countries, their potential for development and the role of competition law and policy in the process. Moreover, the book emphasizes the development dimension both of regional competition policies and of competition law. Although it holds many promises for developing countries, some challenges must be overcome for the process of creating a regional market and applying a competition law, to be successful. This timely book delivers concrete proposals that will help to unleash the potential of regional integration and regional competition policies, and help developing countries fully enjoy the benefits deriving from a regional market.

Chapter 10: The COMESA Regional Competition Regulations

George K. Lipimile

Subjects: development studies, law and development, law - academic, competition and antitrust law, law and development

Extract

George K. Lipimile* 1. THE NEED FOR A REGIONAL COMPETITION POLICY As a result of the much-supported regional economic integration process taking place in the Common Market for Eastern and Southern Africa (COMESA) region, it has become imperative for national competition authorities in the region to cooperate in their competition law enforcement work in order to deal effectively with restrictions on competition that have cross-border effects. Similarly, in order for COMESA to achieve success in the integration of its markets, there is a need to increase transparency and accountability of government actions, expand and deepen cooperation between competition authorities, and encourage greater soft harmonization and convergence of the different national legal systems. Increased globalization has further meant that a higher percentage of competition cases now have significant regional and international components. As trade and investment liberalization reduces entry barriers, firms may have greater incentives to engage in anti-competitive practices and mergers, which would limit market access by other firms. Therefore, the need for increased regional cooperation can be achieved at different levels and in different forms. The regional competition law and policy is one such initiative. * Mr George K. Lipimile is currently the Director and Chief Executive Officer of the newly established COMESA Competition Commission – a regional body charged with the enforcement of competition and consumer policy in 19 member states of the Common Market for Eastern and Southern Africa. He was, further, Senior Advisor on Competition and Consumer Policy to UNCTAD in Geneva. Prior to that, he...

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