33 Benefits of ERCA’s Compendium of Decisions

Published On - December 28, 2022

Jesus Ekie Compendium of Decisions

A compilation of ERCA’s rulings on cases involving competition and consumer protection in the Economic Community of West African States (ECOWAS) region is available in the form of the ECOWAS Regional Competition Authority (ERCA) Compendium of Decisions. It has the potential to greatly affect the business climate and overall economic development in West Africa and is therefore an essential resource. In this article, we will list the top 33 benefits of using the ERCA Compendium of Decisions:

  • Promotes transparency and consistency in the application of competition law and policy.
  • Provides valuable guidance and information for businesses and other stakeholders.
  • Helps to create a level playing field and foster a more competitive business environment.
  • Enhances understanding and awareness of competition law and policy in the region.
  • Contributes to the development of competition policy in the region.
  • Helps businesses to understand their rights and obligations under competition law and policy.
  • Allows businesses to identify potential issues or challenges that may arise in their operations.
  • Enhances compliance with competition law and policy in the region.
  • Promotes good governance and the rule of law.
  • Encourages economic growth and development in the region.
  • Helps to improve the efficiency and effectiveness of markets in the region.
  • Enhances the competitiveness of businesses in the region.
  • Protects consumers from anti-competitive practices and abuse of market power.
  • Promotes fair and open competition.
  • Encourages innovation and entrepreneurship.
  • Increases the attractiveness of the region for investment.
  • Enhances the overall business climate in the region.
  • Facilitates cross-border trade and investment.
  • Promotes regional integration and cooperation.
  • Encourages the development of regional value chains.
  • Increases the transparency of business practices in the region.
  • Enhances the accountability of businesses operating in the region.
  • Protects the interests of small and medium-sized enterprises (SMEs).
  • Increases the efficiency of resource allocation in the region.
  • Helps to reduce barriers to entry in the region.
  • Protects the interests of minority shareholders.
  • Promotes social and economic inclusion.
  • Enhances the integrity and reputation of the region.
  • Contributes to the stability and prosperity of the region.
  • Promotes the overall well-being of the region.

Overall, the ERCA Compendium of Decisions is an important resource that has numerous advantages for businesses, competition practitioners, and other stakeholders in the ECOWAS region. Promoting transparency, consistency, and understanding of competition law and policy, helps to create a more favorable business environment and contributes to the economic development and prosperity of the region.