Section 76 Federal Competition and Consumer Protection Act 2018
Section 76 of the Federal Competition and Consumer Protection Act 2018 is about Power of the Commission to investigate a monopoly situation. It is under Part X (Monopoly) of the Act.
Where it appears to the Commission that there are grounds for believing that a monopoly situation may exist in relation to the production or distribution of goods or services of any description, or in relation to exports of goods or services of any description from Nigeria, it shall cause an investigation to be held into a particular sector of the economy or into a particular type of agreements across various sectors to determine the extent of the situation in relation to the market.
