Competition law passed

Mar 31, 2023The lower house of Parliament passed the Competition (Amendment) Bill, 2023 Wednesday, which seeks to amend the Competition Act, 2022.

Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies.PrincipleHistoryModern competition lawPractice

Modern competition law has historically evolved on a national level to promote and maintain fair competition in markets principally within the territorial boundaries of nation-states.