Article
Predatory Pricing And Abuse Of Dominance Under Nigerian Competition Law
Nigerian competition law prohibits predatory pricing as an abuse of dominance, where businesses with significant market power deliberately sell below cost to eliminate competitors. While the Federal Competition and Consumer Protection Commission has yet to issue a published predatory pricing decision, the legal framework provides clear guidance on cost benchmarks, enforcement mechanisms, and substantial penalties for violations.
Udo Udoma & Belo-Osagie