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From "Relevant" To "Global" Turnover: Examining The Basis For Penalty Under The Competition (Amendment) Act, 2023

From "Relevant" To "Global" Turnover: Examining The Basis For Penalty Under The Competition (Amendment) Act, 2023
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The Doctrine of Single Economic Entity And The Direction & Control Test

European Union Competition law prohibits enterprises from entering into agreements that are anti- competitive for the market. In this context, the doctrine of Single Economic Entity is applied to. ....

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Retailers, others list factors affecting cement prices

Vanguard News
Retailers, others list factors affecting cement prices
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Dealers, particularly retailers, have blamed the N3, 400 retail price of a bag of cement in Lagos on cost of transportation and other logistics accrued after original purchase.
They made this known in separate interviews with the News Agency of Nigeria (NAN) on Thursday in Lagos.
This was as the same quantity of both Dangote and Lafarge cement were seen to be sold at a retail price of N3, 400 in a survey by NAN in Lagos.
Mr AbdulRasheed Babatunde, a cement retailer, attributed the development to the additional costs of logistics, transportation, shop rent, and labour after purchase. ....

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