World Competition Day 2018: Competing without Market Rules

December 5, 2018,  Accra, Ghana

On December 5, 1980, UN adopted the international standard for competition laws under what is called the UN Set on Competition Policy – hence the call by INCSOC4 to recognise this date as World Competition Day. Ghana has been attempting since early 90’s to have a functional competition law to regulate the conduct of the market. Diminished interest by the private sector accounts for one of the reasons of the slow pace. As the world marks the World Competition Day 2018, CUTS is joining the clarion call urging the government through the Ministry of Trade and Industry to work fervently to get the draft law before Parliament.

Aim of the policy dialogue

CUTS Policy Dialogue brought together high-profile officials from the Ministry of Trade and Industry (MOTI), Chamber of Telecom, Chamber of  Petroleum,  National Petroleum Authority,  Private Enterprise Federation (PEF), Bank of Ghana, Security and Exchange Commission, telecom operators, regulators, banking institutions, law firms, National Communication Authority, Association of Ghana Industries (AGI), Institute for Statistical, Social and Economic Research (ISSER), Attorney General Department, donor agencies, economists, trade experts, CSOs, etc.

This policy dialogue focused on the following issues:

  1. Competition in general i.e. need for an effective competition law in Ghana
  2. Why has it taken government over a decade to take the law to Parliament?
  3. What are the dangers of running a business without competition law?
  4. What are the dangers of government becoming a referee and player in the market place?
  5. How do we ensure that market place becomes competitive for everyone?


Press Release