Chapter Name: Competition Act, 89 of 1998
Description:Regulates anti-competitive behavior, mergers, and market dominance to promote fair competition.
Purpuse:To prevent restrictive practices and abuse of dominant positions, ensuring a competitive market.
Rational:Ensures market fairness, benefiting consumers and promoting innovation.
Chapters Topics
Purpose of the Competition Act, 89 of 1998 as amended
Explains the objectives of the Competitions Act, which aims to promote fair competition, prevent anti-competitive practices, and encourage a more competitive economic environment in South Africa.
Restrictive practices and prohibition of abuse of dominance
Focuses on the prohibition of anti-competitive practices, such as price-fixing, market allocation, and abuse of market dominance, to ensure fair competition in the market.
Definition, notification and consideration of mergers
Outlines the procedures for defining, notifying, and assessing mergers and acquisitions under the Competitions Act, including when such transactions require regulatory approval.
Competition Commission and Tribunal
Discusses the roles and functions of the Competition Commission and the Competition Tribunal, which are responsible for investigating anti-competitive behavior and adjudicating competition cases.
Initiating a complaint
Details the process for initiating a competition law complaint with the Competition Commission, including how businesses or individuals can report anti-competitive practices.
Interim relief
Explains the concept of interim relief in competition law, which involves temporary measures that may be granted to prevent harm to competition during an investigation or legal proceedings.
Breach of confidence
Covers the illegal disclosure of confidential information by parties involved in a competition-related investigation, and the legal implications of such actions under the Competitions Act.
Regulations and guidelines companies act
Focuses on the detailed regulations and guidelines that govern the application of the Competitions Act, ensuring that companies and entities comply with competition laws.