The Competition Policy, therefore, sets out a broad framework with which 'Government will: ' 4.2 a) Respond to anticompetitive challenges in me ma'rket place; and b) Ensure that firms operating in' various sectors of the economy comply with and adhere to the Policy and regulatory requirements. 5.0 POLICY FRAMEWORK FOR COM PETITION 5.1 The "Competition Policy lays down' broad parameters within which the 'conduct, operaticm'al behaviour and 'practices of firms will be' regulated. Its framework covers various' aspects, including g'uiding principles; policy objectives, and strategic policy considerations, which include, inter alia, alignment of the Competition Policy with other Government policies as well as interface 'between a Competition Authority and other regulatory bodies. ' 5.2 At the outset, the Competition Policy also recognizes the importance of the following factors: a)' Efficiency This Policy recognizes that efficiency is indispensable to the ability of any economy to attract investment flows from both domestic and foreign sources. It also recognizes that efficiency enhances business growth prospects by engendering product and service competitiveness as well a \ b) Competitiveness Like effiCiency, competitiveness is a critical success factor in the ability of any economy to effectively 'compete for the attraction of investment flows, particularly foreign direct investment. This Policy, therefore, recognizes the important role of competitiveness in underpinning the continued growth and sustaii"lability of the economy at both micro and macro levels. '' , " - 5