Liberia has not signed the World Intellectual Property Organization (WIPO) Performances and Phonograms Treaty.

Liberia has no rules applicable to the protection of trade secrets.

It is reported that there is no obligation for passive infrastructure sharing in Liberia to deliver telecom services to end users. However, it is practised in both the mobile and fixed sectors based on commercial agreements.

Libtelco is the oldest telecom operator in Liberia, and it is 100% state-owned.

It is reported that Liberia does not mandate functional or accounting separation for operators with significant market power (SMP) in the telecom market.

Liberia has appended the World Trade Organization (WTO) Telecom Reference Paper to its schedule of commitments.

It is reported that the Liberia Telecommunications Authority (LTA), the executive authority for the supervision and administration of services in the telecommunications sector, is independent from the government in the decision-making process.

The Investment Act of 2010 (Schedule: Limited Restrictions to Foreign Ownership of Enterprises (2)) requires a joint venture or partnership between a Liberian and a non-Liberian to invest in advertising, graphics and commercial artists with the conditions that the total shareholding of the Liberian is at least 25% and the total capital invested is not less than USD 300,000. Alternatively, foreign investments are allowed without restrictions only if the total investment capital is not less than USD 500,000.

The Investment Act of 2010 (Schedule: Limited Restrictions to Foreign Ownership of Enterprises (2)) requires a joint venture or partnership between a Liberian and a non-Liberian to invest in advertising, graphics and commercial artists with the conditions that the total shareholding of the Liberian is at least 25% and the total capital invested is not less than USD 300,000. Alternatively, foreign investments are allowed without restrictions only if the total investment capital is not less than USD 500,000.

Liberia is not a signatory of the 1996 World Trade Organization (WTO) Information Technology Agreement (ITA) nor the 2015 expansion (ITA II).

According to Art. 49 of The Public Procurement and Concessions Act, 2005, the Procuring Entity shall employ international competitive bidding procedures when the estimated contract amount exceeds the following value threshold:
- In the case of contracts for the procurement of goods, USD 100,000;
- In the case of contracts for the procurement of services, USD 50,000;
- In the case of contracts for the procurement of works, USD 200,000.
In addition, international competitive bidding may only be employed when domestic competitive bidding fails to secure effective competition, requiring the invitation of foreign firms. This is applicable if (a) the estimated contract price exceeds the ceiling threshold established by the Commission’s Regulations for national open competitive bidding, unless the Commission approves an exception based on sufficient competition at the national level; or (b) no responses are received in a national open competitive bidding process. Regardless of thresholds, the Procuring Entity may engage in international competitive bidding if effective competition cannot otherwise be obtained.

Section 45 of the Amendment and Restatement of the Public Procurement and Concessions Act gives a public procuring entity the authority to grant a margin of preference to domestic businesses, solely Liberian-owned businesses and Liberian businesses, based on thresholds promulgated through regulations by the Public Procurement-and Concession Commission. The general objective is to give these businesses an advantage in the procurement of works, services, goods, etc., against foreign competitors. According to Sections 21 and 67 of the Regulations Accompanying the Public Procurement and Concessions Commission Act of 2005, as Amended and Restated in 2010, the margin of preference ranges from 2% to 50% for procuring entities and 4% to 25% for concessionaires.

It is reported that contracting entities are required to set aside 25% of public procurement for those MSMEs with a minimum 51% Liberian ownership, and the primary signatories of their bank accounts must be Liberians. Within this 25%, 5 percentage points in value terms is reserved for women-owned MSMEs. However, according to the authorities this has not been applied in practice.