THE ABUSE OF DOMINANCE IN THE DIGITAL MARKET: A NIGERIAN PERSPECTIVE

ABSTRACT

The digitisation of the economy has altered market dynamics, expanding competition challenges to the digital ecosystem. The Federal Competition and Consumer Protection Commission recently penalised Meta Platforms Inc. for abusing its dominant position in Nigeria. This article explores the implications of this landmark decision, focusing on the intersection of digital market practices and competition law in Nigeria. It examines the Federal Competition and Consumer Protection Act to discover how the current regulatory frameworks handle dominance in digital marketplaces. The study also highlights critical issues such as data exploitation, market entry barriers, and the bundling of services. Using the Meta case as a foundation, this article proposes reforms to improve regulatory enforcement and ensure fairness in Nigeria’s digital market.

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UNILAG Law Review, (2024) Volume 7 Edition 1.