8. The functions of the Authority shall be to -
(a) control or eliminate-
| | (i) restrictive trade agreements among enterprises ; | | |
| | (ii) arrangements amongst enterprises with regard to prices ; | | |
| | (iii) abuse of a dominant position with regard to domestic trade or economic development within the market or in a substantial part of the market; or | | |
| | (iv) any restraint of competition adversely affecting domestic or international trade or economic development; | | |
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(b) investigate or inquire into anti-competitive practices and abuse of a dominant position ; |
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(c) maintain and promote effective competition between persons supplying goods and services ; |
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(d) promote and protect the rights and interests of consumers, purchasers and other users of goods and services in respect of the price, availability and quality of such goods and services and the variety supplied ; |
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(e) to keep consumers informed about the quality, quantity, potency, purity, standards and price of goods and services made available for purchase ; |
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(f) carry out investigations and inquiries, in relation to any matter specified in this Act ; |
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(g) promote competitive prices in markets where competition is less than effective ; |
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(h) undertake studies, publish reports and provide information to the public relating to market conditions and consumer affairs ; |
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(i) undertake public sector and private sector efficiency studies ; |
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(j) promote consumer education with regard to good health, safety and security of consumers ; |
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(k) promote. the exchange of information relating to market conditions and consumer affairs with oilier institutions ; |
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(l) promote, assist and encourage the establishment of consumer organizations ; |
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(m) charge such fees in respect of any services rendered by the Authority ; |
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(n) appoint any such committee or committees as may be necessary to facilitate the discharge of the functions of the Authority ; and |
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(o) do all such other acts as may be necessary for attainment of the objects of the Authority and for the effective discharge of the functions of such Authority. |
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