Section 84 Federal Competition and Consumer Protection Act 2018

Section 84 of the Federal Competition and Consumer Protection Act 2018 is about Report on a monopoly investigation. It is under Part X (Monopoly) of the Act.

(1) The Commission shall furnish to the Tribunal reports on completed monopoly investigations at such times or intervals as may be agreed from time to time between the Tribunal and the Commission.

(2) In making a report on a monopoly investigation, the Commission shall include in the report definite conclusions on the questions or issues that prompted the investigation, together with an account of the Commission’s reasons for those conclusions.

(3) Where the Commission finds that a monopoly situation exists and that facts found by the Commission in pursuance of its investigation operate or may be expected to operate against the public interest, its report shall specify those facts and the particular effects which in the Commission’s opinion, those facts have or may be expected to have.

(4) The Commission –
(a) shall, as part of any investigation under this Part, consider the actions to be taken to remedy or prevent any adverse effects resulting from a monopoly situation; and

(b) may, if it deems fit, include in its report on a monopoly investigation recommendations in support of the actions to be taken.

(5) The phrase “action to be taken” in subsection (4) (a) and (b) means the action to be taken by –
(a) the Minister or any other Minister of the Government of the Federation or any department or agency of Government where the resulting adverse effects affects the sphere of responsibility or the statutory function of any Minister or of any of the departments or agencies of Government; or

(b) the undertaking or undertakings in whose favour the monopoly situation in question exists.