Competition act of south africa

  • How does the Competition Commission competition in South Africa?

    To achieve its purpose, the Commission's core functions are the following: implement measures to increase market transparency; implement measures to develop public awareness of the provisions of the Act; investigate and evaluate alleged anti-competitive conduct; conduct formal inquiry in respect of the general state of .

  • What are the aims of the Competition Commission South Africa?

    promote the efficiency, adaptability and development of the economy; provide consumers with competitive prices and product choices; promote employment and advance the social and economic welfare of South Africans; expand opportunities for South African participation in world markets and recognise the role of foreign .

  • What are the competition bodies in South Africa?

    The Competition Commission (Commission) is one of three independent statutory bodies established in terms of the Competition Act, No. 89 of 1998 (the Act) to regulate competition between firms in the market.
    The other bodies are the Competition Tribunal (Tribunal) and the Competition Appeal Court (CAC)..

  • What is the competition policy in South Africa?

    The Competition Act states that its purpose includes promoting competition in order to promote a greater spread of ownership in the economy, in particular, to increase the ownership stakes of historically disadvantaged persons.
    This purpose aligns with the right of equality contained in South Africa's Constitution..

  • Which act regulates competition in South Africa?

    Competition Act 89 of 1998..

  • The Competition Act – The Competition Commission.
The Competition Commission is empowered by the Competition Act to investigate, control and evaluate restrictive business practices, abuse of dominant positions and mergers in order to achieve equity and efficiency in the South African economy.

Does South Africa have a competition jurisprudence?

South Africa is jump-starting its competition jurisprudence by authorising the consideration of foreign and international law in the interpretation and application of its Competition Act.

How does regulatory capture affect competition in South Africa?

In some markets where state-owned companies are present, distortions of competition both for and in the market are exacerbated by regulatory capture.
AbstractAbstract:

  • The 1998 Competition Act heralded a new era of active competition enforcement in South Africa.

    • What does the preamble say about South Africa's competition law?

    Importantly, the preamble suggests the kind of outcomes that South Africa seeks to achieve through its competition law.
    It explains that a credible competition law and institutions are essential for an efficient economy.


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