Section 210: Competition and market regulation.

The Authority shall, subject to the provisions of the Federal Competition and Consumer Protection Act, have the responsibility to - [Act No 1,2018]
a monitor the state of the markets regulated by the Authority;
b administer, monitor and ensure compliance with the provisions of this Act and any law or regulation issued in respect of competition and market regulation;
c monitor market behaviour including the development and maintenance of competitive markets;
d arrest situations of abuse of dominant power and restrictive business practices;
e assess whether the petroleum industry is operating efficiently or the existing market arrangements may constitute barriers to entry into the market for new market participants;
f determine whether there is any anti-competitive activity being carried on and exercise its powers under this section to prevent the continuance of the activity; and
g determine any pre-conditions and any transitional arrangements required for any services to be offered competitively.