Regulatory Alerts2019-02-08
Passage of the Federal Competition and Consumer Protection Act
President Muhammadu Buhari signed the Federal Competition and Consumer Protection Act into law on February 5, 2019. The legislation establishes the Federal Competition and Consumer Protection Commission alongside a dedicated tribunal while repealing sections 118 through 128 of the Investments and Securities Act, 2007. These structural and regulatory shifts directly govern all mergers, acquisitions, and business combination transactions.
Share