The Viability Of Competition Law As A Tool Of Economic Inclusion In Uganda
Article by Mwondha Dean Michael
Competition law is an area of increasing importance in developing countries, the disruptions caused by the COVID-19 pandemic have only put more pressure on policy makers to identify and utilize legislative options that can enable the
redistribution and allocation of resources without necessarily disrupting competition among businesses. The growth of economic activities in the East African region, particularly in Uganda, brings with it a range of opportunities, but at the same time presents a set of unique challenges to businesses in Uganda. The absence of a business regulatory framework on competition leaves the door open for abuse of dominance by larger firms and players in the economy. It becomes important to assess how best a comprehensive competition regulatory framework from a domesticated perspective can ensure business inclusion, by considering first the value of such laws in light of business practice and secondly, why such a law is necessary.