Overview
A leading authority on competition law, merger control and regulatory compliance
Aluko & Oyebode’s Antitrust & Competition practice has secured clearance for more landmark Nigerian mergers than any other firm. From telecommunications mega-deals to banking consolidations and cross-border acquisitions, we navigate the Federal Competition and Consumer Protection Commission’s increasingly sophisticated regulatory scrutiny with unmatched success.
We represent multinational corporations, private equity investors, and Nigeria’s largest companies in merger control filings, behavioural investigations, market dominance inquiries, and cartel defence. Our track record spans every phase of Nigeria’s competition law evolution—from pioneering merger clearances to today’s complex Phase II reviews, remedies negotiations, and dawn raid defence.
What sets us apart is regulatory intelligence combined with courtroom capability. We understand the FCCPC’s enforcement priorities, its expanding investigative powers, and how to defend clients when regulatory engagement isn’t enough. We’ve successfully challenged FCCPC decisions, negotiated landmark settlements, and protected clients through the full lifecycle of competition enforcement.
When the stakes are highest and regulatory outcomes uncertain, Nigeria’s most sophisticated clients choose Aluko & Oyebode.
Services
Merger Control & Regulatory Clearances
End-to-end merger control advisory—pre-notification strategy, filing preparation, FCCPC engagement, Phase II defence, and remedies negotiation. We secure clearances for domestic and cross-border M&A, joint ventures, minority acquisitions, and multi-jurisdictional transactions.
Competition Compliance & Risk Assessment
Designing competition compliance programs, conducting antitrust audits, and advising on cartel prohibitions, abuse of dominance, restrictive agreements, and vertical restraints. We structure commercial arrangements that achieve business objectives while minimizing regulatory exposure.
Regulatory Investigations & Dawn Raid Defence
Defending clients in FCCPC investigations, dawn raids, and enforcement proceedings. We manage behavioural investigations, abuse of dominance inquiries, cartel allegations, and consumer protection enforcement—protecting client interests through strategic regulatory engagement and, when necessary, aggressive litigation.
Sector-Specific Competition Advisory
Specialised counsel for telecommunications, banking, energy, FMCG, pharmaceuticals, and digital platforms. We navigate overlapping jurisdiction between FCCPC and sector regulators—NCC, CBN, NAICOM, NUPRC—protecting clients from duplicative enforcement and conflicting regulatory mandates.
Market Dominance & Conduct Defence
Strategic defence for market leaders facing dominance allegations. We advise on pricing strategies, exclusivity arrangements, distribution practices, and competitive conduct—defending clients’ commercial freedom while ensuring regulatory compliance.
Selected Experience
Access Bank Consolidation Transactions
Advised on competition aspects of multiple Access Bank mega-mergers, addressing banking sector concentration concerns and coordinating regulatory engagement between FCCPC and CBN on systemic risk implications.
Pan-African Telecommunications JV – Several Jurisdictions
Coordinated simultaneous merger control filings across several jurisdictions, including Nigeria—managing complex remedies negotiations and securing synchronised approvals for infrastructure joint venture.
Merger Control in Cross-Border and Multi-Jurisdictional Deals
Coordinates merger filings, remedies negotiations, and approvals across African jurisdictions, with a focus on FCCPC/NCC concurrent reviews in telecom/media.
FCCPC Investigation into a Nigerian Bank
Acted for a leading Nigerian bank in a Federal Competition and Consumer Protection Commission investigation arising from consumer complaints, advising on the regulatory response, consumer remediation framework, and engagement strategy with the Commission through to resolution.
FCCPC investigation into an FMCG
Represented a leading fast-moving consumer goods company in a multi-year Federal Competition and Consumer Protection Commission investigation, advising on cartel defence strategy, regulatory engagement and post-investigation compliance monitoring.
Client Quotes
Awards and Accolades
Spotlight Ranking in Competition/Antitrust (Nigeria) Ayodeji Oyetunde recognized as Spotlight-ranked (equivalent to top-tier individual recognition) for the 9th consecutive year in Chambers Global 2025.
Chambers Global 2025
Awards and Accolades
Thought Leadership
