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FCCPC's Role in Consumer Rights and Market Integrity

Politics
FCCPC's Role in Consumer Rights and Market Integrity

Kudirat Kekere-Ekun, during her keynote address at the opening ceremony of a three-day conference on competition and consumer protection law in Abuja, affirmed that the Federal Competition and Consumer Protection Commission (FCCPC) is a crucial safeguard against consumer rights abuses and anti-competitive practices. She noted that the FCCPC occupies a pivotal position within Nigeria's regulatory framework, responsible for enforcing the Federal Competition and Consumer Protection Act (FCCPA) of 2018.

Kekere-Ekun highlighted the increasing complexity of modern markets and the growing number of disputes involving competition law. She stressed the necessity for sustained engagement between regulatory institutions and the judiciary to ensure effective interpretation and enforcement of the FCCPA.

Furthermore, she pointed out the importance of alternative dispute resolution mechanisms to enhance the efficiency of consumer protection regimes and reduce the burden on courts. Kekere-Ekun's remarks underscore the FCCPC's mandate to promote fair and transparent market structures while protecting consumers from exploitative practices across various sectors.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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