Page 25 - UUBO Firm Profile

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Our competition team expertly
navigates the rapidly evolving
Nigerian competition landscape to
achieve our clients' goals in
a d d r e s s i n g a l l a s p e c t s
competition risk. Clients around the
world regularly request advice from
our competition specialists. The
firm's competition practice is known
for providing clear advice which
makes it possible for our clients to
structure complex cross-border and
local transactions that comply with
the Nigerian competition law
regime.
The competition team advises on
various aspects of competition law
including:
· merger control,
· anti-competitive agreements,
· abuse of a dominant position,
· price fixing,
· dawn raids and
· cartel conduct.
We are in frequent direct contact
with the Federal Competition and
Consumer Protection Commission
( F C C P C ) , N i g e r i a ' s a p e x
competition regulator. We also
assist our clients to obtain approvals
(including negative clearance) of
the FCCPC and routinely engage in
a n t i - t r u s t a n d p r e - m e r g e r
consultations. We also advise on
sector-specific competition issues
such as the requirement to obtain
multiple clearances depending on
the target industry; and act as liaison
between international and foreign
clients and regulators such as the
D e p a r t m e n t o f P e t r o l e u m
Resources, the Central Bank of
o f N i g e r i a , t h e N i g e r i a n
Communications Commission, the
S e c u r i t i e s a n d E x c h a n g e
Commission, the Nigerian Civil
Aviation Authority, the National
Pension Commission, and the
National Insurance Commission.
We advise on the competition,
monopoly and regulatory aspects of
mergers, acquisitions, joint ventures
and corporate restructurings.
Where there is a risk of violation, we
have the capacity to provide advice
on leniency regimes, remedies and
mitigating factors applicable to
penalties.
The competition team provides
advice to a wide range of clients
operating within various sectors of
the Nigerian economy including
financial services, oil and gas
(upstream and downstream), health
management, engineering services,
r e a l e s t a t e a n d p r o p e r t y
development, power and energy,
food and beverage, capital markets,
insurance, pensions, aviation,
m a n u fa c t u r i n g , fa st - m ov i n g
consumer goods, health and fitness,
data services, telecommunications,
training services and security
services.
Our clients include a wide range of
local and international market
leaders.