Competition act south africa summary

What is the Competition Law Act in South Africa?
The Competition Act 89 of 1998 intends: to provide for the establishment of a Competition Commission responsible for the investigation, control and evaluation of restrictive practices, abuse of dominant position, and mergers; and..
What is the overview of the Competition Act?
The Competition Act contains both criminal and civil provisions aimed at preventing anti competitive practices in the marketplace.
Its purpose is to maintain and encourage competition in Canada in order to: promote the efficiency and adaptability of the Canadian economy..
Where is the Competition Commission in South Africa?
The dti Campus, Mulayo Building, Block C, 77 Meintjies Street, Sunnyside, PRETORIA..
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

Who is involved in the application of the Competition Act?

The Competition Act sets up three institutions, to be directly involved in its application.
Each of these institutions—the Competition Commission (“Commission”), the Competition Tribunal (“Tribunal”), and the Competition Appeal Court (“CAC”)—is, to slightly different degrees, independent of the government.

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Competition act south africa summary

What is the Competition Law Act in South Africa?

What is the overview of the Competition Act?

Where is the Competition Commission in South Africa?

Who is involved in the application of the Competition Act?