AAT, Big Picture, Cameroon, full article, legislation

Competition Regulation & the ‘spaghetti bowl’ of regional African integration

AAT the big picture

Professor Tchapga on competition legislation in a future regionally integrated Africa

AAT’s own contributing author and Primerio consultant, Professor Flavien TCHAPGA has drafted a paper for the African Economic Conference in Johannesburg.  The conference is organized each year by AfdB, UNECA & UNDP.

We are proud to present his paper here (written in French), which is entitled “Perspective de la régulation concurrentielle des marchés dans la future zone de libre échange continentale en Afrique : Enjeux et défis“.

The concise and eminently readable expose deals with the current and proposed competition regulation in the growing African free-trade area.  It provides a comprehensive overview of, and new insights into, the ‘spaghetti bowl’ of African regional integration and the necessary (yet little developed) competition regulation that must go along with it.

We invite our readership, especially the francophone and francophile contingent, to download and peruse Professor Tchapga’s work.  His prior related work, also published here, has been on developing effective competition policies in Africa and on the inherent tension this effort faces, focused on the member countries of CEMAC and WAEMU.

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economics, full article, legislation, new regime, politics

Competition policy: economic necessity vs. budgetary constraint

Prof. Flavien TCHAPGA (Versailles)

Prof. Flavien TCHAPGA (Versailles)

Competition policy: economic necessity vs. budgetary constraint

Professor Flavien TCHAPGA (Economics, University of Versailles, France) published an intriguing paper on developing effective competition policies in Africa and on the inherent tension this effort faces: their economic necessity on one hand vs. the realpolitik of budgetary constraints on the other hand.  His analysis — available in full PDF to our valued [francophone] readers here — focuses on the member countries of CEMAC and WAEMU.

Abstract:

Because of the promises of efficient markets (protection of consumer interests, reduction of poverty, innovation and economic dynamism), competition policy is an attractive issue for Central African Economic and Monetary Community (CEMAC) and West African Economic and Monetary Union (WAEMU) countries. However, appropriate financial resources are essential for its effectiveness. This paper assesses the competition policy implementation in these two regions. In particular, it focuses on the balance between the issues at stake and dedicated financial resources since this could signal governments’ commitment to ensure effective implementation of competition legislation for better market outcomes.

NOTE: This article was originally published in HORIZONS / Concurrences Law Journal (vol. 01-2013) Institute of Competition Law, re-published here under author’s licence.  Original title (in French): “La politique de la concurrence dans la CEMAC et l’UEMOA  : Entre urgences économiques et contraintes budgétaires

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