Einzeltitel

Who Will Foot The Bill?

Unfair Game Lebanons Rigged Markets Are Killing Competition

For decades, Lebanon’s economy has overwhelmingly served the interests of certain economic actors, who preside over widespread monopolies and oligopolies.
This endemic power imbalance reflects a country where unfair competition is rife, allowing powerful groups to maximize their profits at the expense of everyone else. In collaboration with the Rule of Law Programme Middle East / North Africa (KAS), Triangle is exploring in this paper how unfair competition in Lebanon works in practice, with reference to value chains for potato production in Akkar and national cement production. The path to addressing these kinds of monopolist practices lies in establishing a comprehensive competition law and policy, appropriately adapted to the Lebanese context. This endemic power imbalance reflects a country where unfair competition is rife, allowing powerful groups to maximize their profits at the expense of everyone else. In collaboration with the Rule of Law Programme Middle East / North Africa (KAS), Triangle is exploring in this paper how unfair competition in Lebanon works in practice, with reference to value chains for potato production in Akkar and national cement production. The path to addressing these kinds of monopolist practices lies in establishing a comprehensive competition law and policy, appropriately adapted to the Lebanese context.