What is competition law in South Africa?
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The purpose of the Competition Act of 1998 is to promote and maintain competition in South Africa to achieve the following objectives: To promote the efficiency, adaptability and development of the economy. To provide consumers with competitive prices and product choices.
What is the role of the competition Tribunal South Africa?
The Competition Tribunal’s mandate and role is to: adjudicate complaints of prohibited conduct, which includes restrictive practices and abuses of dominance. impose a remedy. award costs.
How can I contact Ebrahim Patel?
Minister: Ebrahim Patel, Mr Postal Address: Private Bag X149, PRETORIA, 0001. Private Bag X9047, Cape Town, 8000.
Which department is responsible for the promotion of competition?
the Department of Trade, Industry and Competition
The mission of the Department of Trade, Industry and Competition (the dtic) is to promote structural transformation, towards a dynamic industrial and globally competitive economy; provide a predictable, competitive, equitable and socially responsible environment, conducive to investment, trade and enterprise …
Who regulates the Competition Act?
the Competition Bureau
Administration. The administration and enforcement of the Competition Act is done by the Competition Bureau, which is also responsible for the administration and enforcement of the Consumer Packaging and Labelling Act, the Textile Labelling Act and the Precious Metals Marking Act.
What is section 4 of Competition Act?
(b) “predatory price” means the sale of goods or provision of services, at a price which is below the cost, as may be determined by regulations, of production of the goods or provision of services, with a view to reduce competition or eliminate the competitors.
What does the Competition Act 1998 do?
The Competition Act 1998 prohibits any agreement, business practice or conduct which has, or could have, a damaging effect on competition in the United Kingdom. This includes abuse by a company which uses its dominant position in a way that harms competition.
In what circumstances would Competition Commission investigate Eskom?
The 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.
Could you be a senior economist at the Competition Commission?
The Competition Commission is seeking to recruit a dynamic, hard-working and committed individuals to fill positions of Senior Economist in the Economic Research Bureau. The job requires applicants to have a need to achieve results in a logical manner, whilst at the same time maintaining quality and ensuring that standards are met.
What is the role of the Competition Commission?
The Competition Commission is responsible for: investigating and assessing anti-competitive behaviour in response to complaints, investigating large mergers, making referral to the Competition Tribunal; and investigating and deciding on intermediate mergers. In addition, it undertakes advocacy work to promote compliance with the Competition Act.
How does monitors competition work?
Monitors competition by gathering current marketplace information on pricing, products, new products, delivery schedules, merchandising techniques, etc. More… A basic package with a commission structure will be offered. Monitors competition by gathering current marketplace information on pricing, products, new… More…
What does the Cartels Division of the Competition Commission do?
The Cartels Division of the Competition Commission seeks to fill a vacancy for a Junior Cartels Investigator.