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Competition Policy and Resource Utilization: An Agenda for Resource-Dependent Developing Countries

This book examines the extent to which competition law and policy could be employed to promote the efficient allocation of resources in resource-dependent developing economies. Its background inquiry into competition policy and the analysis of economic problems of resource-dependent developing economies inspired by global competition trends in the United States and Europe provide an indispensable framework for understanding competition policy and current attitudes to regulation in a liberalised developing economy. The book provides a systematic exposition of some of the problems associated with resource-dependent economies and the implications for competition and what kinds of conduct in which firms can and cannot engage. In addition to building on basic competition and antitrust concepts, it offers insights into some prevailing problems, which include the issue of ‘resource curse’, rent-seeking, corruption, and abusive business practices, among others. Their examination here is aligned with scrutiny of the characteristics of developing countries in contrast to developed countries; Nigeria is taken as a proxy for resource-dependent developing countries. The book also determines whether competition law and policy could be used as a tool for addressing competition problems that may exist in resource-dependent developing countries.

This book provides meaningful material for both undergraduate and graduate business school programs. In addition, it will be of great interest to lawyers, historians, economists, sociologists, and policy makers in both government and business who wish to understand competition issues in a clear and rigorous way in developing economies.


David Oluwadare Adetoro is a solicitor and barrister with robust knowledge of the natural resources and energy industries. Adetoro was educated in Nigeria and the United Kingdom, and attended the Centre for Energy, Petroleum, Mineral Law and Policy at the University of Dundee and completed his doctoral degree at the prestigious School of Law of the University of Glasgow. He has extensive knowledge of the legal, regulatory and business environment in Africa, and has worked as a research consultant for Midwaters LLP and consults, speaks and delivers training on oil and gas, energy and competition policy in developing countries. His work has been published in leading international journals.

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Buy This Book

ISBN: 1-4438-9041-3

ISBN13: 978-1-4438-9041-0

Release Date: 28th April 2016

Pages: 295

Price: £52.99

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