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. Pepsico acquisition of pioneer recommended for approval, at a price. The department of trade and industry the dti invites companies in the food sector to showcase their products at the south african national pavilion at the sial paris international food products exhibition. Competition commission national government of south africa. There may be a misconception that the group refused to settle with the commission. Both of these acts have quite a lot in common and both are here for the benefit of the consumer andor client. On 11 february 2020, the south african competition commission sacc recommended that pepsicos acquisition of pioneer foods, be approved, subject to a number of conditions. The namibian competition commission is still pursuing.
Two months after the xenophobic attacks that shook south africa, the competition commission the countrys antitrust regulatorwants to know if small foreign retailers are behind the. Sa reserve bank notes competition commission decision. Registration form for written submission dsi 1 form data market inquiry submissions. Mar 07, 2017 hardin ratshisusu deputy commissioner, competition commission. After receiving complaints from the general public, business firms, regulators and other government departments, the commission would investigate to ascertain whether there would be contravention of the competition act. Commission update introduction background in late june 20, the probability of an administrative penalty on four contracts materialised. Indonesia introduced its competition law because it was compelled to do so by the imf. Retail sale of electrical household appliances,furniture, lightingequipment and other household articles in specialized stores. Data market inquiry provisional findings and recommendations. Each country has got there via its own particular set of imperatives hence the eu was driven to strengthen its competition regime because of its role in forging the common market.
Senior business development manager, finance manager, sales project manager and more on. These include investigating anticompetitive conduct in contravention of the chapter 2 of the act. Competition amendment act 18 of 2018 english afrikaans. Eatons pending acquisition of cooper receives clearance. South africa was ranked number eight in terms of competition laws, but it should always aim for the best. He asked what the countries above south africa were doing, so that south africa could copy them and do better. Wholesale and retail trade repair of motor vehicles and motorcycles industry.
South africas competition body approves sale of glencore. Competition commission the south african government. A competition regulator is a government agency, typically a statutory authority, sometimes called an economic regulator, that regulates and enforces competition laws and may sometimes also enforce consumer protection laws. Etn today announced that its previously announced pending acquisition of cooper industries plc has received clearance from russias federal antimonopoly service and the competition commission in south africa. It was tasked with ensuring healthy competition between companies in the uk for the ultimate. Ryan hawthorne1 competition commission south africa abstract the competition act and certain recent decisions by the competition authorities are examined here to assess the extent to which south africas conductbased approach to competition law has led to consistent outcomes in the assessment of effects on competition. Competition law and policy in south africa competition law. Statistics from the competition commissions 20152016 annual report for a birds eye view of the status of south african competition law enforcement in the last year, one need look no further than the competition commissions commission annual report report.
Human trafficking report cases of human trafficking hotline operated by the salvation army and be heard 08007 37283 0 8000rescue national human trafficking helpline. The south african competition authority recommends. The competition commission of south africa the commission in providing a response to the oecds request for submission presents its input in terms of the broad areas of focus proposed by the oecd, namely, i sectors prone to repeated collusion, ii factors likely to lead to repeated collusion, and. Members produce work products through their involvement in flexible projectoriented and resultsbased working groups. It lays out the parameters of the relationship between the state and economic citizens and between economic citizens themselves, in a manner somewhat akin. The competition commission in south africa has been proactive in its investigative role by conducting a number of market inquiries across various industries including banking, healthcare, the retail grocery sector, transport and the market for data in the telecommunication sector. The competition tribunal is an administrative tribunal established in terms of the competition act, no 89, of 1998.
Cliffe dekker hofmeyr competition amendment bill signed. The commission is set to call for submissions after 20 business days. Feb 17, 2017 the south african reserve bank sarb has noted the announcement by the competition commission south africa competition commission that it has completed its investigation initiated in april 2015 and has referred to the competition tribunal for prosecution a case of price fixing and market allocation in the trading of foreign currency pairs involving the south african rand zar. Ethiopia, the gambia, morocco, mozambique, south africa, zambia, and zimbabwe. The role for competition policy in economic development. Testing for competition in the south african banking sector. It was a competition regulator under the department for business, innovation and skills bis. The amendment act introduces a new era of competition law enforcement in south africa, focusing on economic inclusiveness and participation by small, medium and microsized enterprises smmes and businesses owned or controlled by historically disadvantaged persons hdps. Current system in south africa the monopolistic conditions act of 1955 was aimed at controlling, preventing or. In contrast to bork, the aims of competition policy in south africa current and proposed include more than consumer interests.
The map below gives an overview of the competition law landscape in africa. Hardin ratshisusu deputy commissioner, competition commission. The recently published 20152016 report reveals telling statistics relating to the performance of the commissions core functions. An overview of competition and antitrust regulations in africa. The competition commission south africa home facebook. Wamukelekile enkundleni yezokuncintisana yaseningizimu afrika. In april 2019, the comesa competition commission approved three new. Media releases the competition commission south africa. Covid19 novel coronavirus south african government. Map of supranational regional competition laws in africa.
South africas competition commission wrote in a december report that two major phone providers data prices were antipoor and should be lowered. Competition policy is considerably broader ranging than competition law it is, if you like, to the economy, what the constitution is to the polity. The comesa competition commission has already worked on. Administrative penalties the amendment act creates harsher punishment for firms that. South africa is part of two regional economic communities recs, the southern. The icn is unique as it is the only global body devoted exclusively to competition law enforcement and its members represent national and multinational competition authorities. In addition to such agencies, there is often another body responsible for formulating competition policy many nations implement competition laws, and there is general. The south african reserve bank sarb has noted the announcement by the competition commission south africa competition commission that it has completed its investigation initiated in april 2015 and has referred to the competition tribunal for prosecution a case of price fixing and market allocation in the trading of foreign currency pairs involving the south african rand zar. This document, as well as any data and map included herein, are. The official newsletter of the competition commission of. The competition commission has a range of functions in terms of section 21 of the competition act. Competition commission on competition cases completed. Competition law and policy in south africa south africa aspires to a modern competition policy regime to support the fundamental restructuration of government institutions.
The competition commission is a statutory body constituted in terms of the competition act, no 89 of 1998 by the government of south africa empowered 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. Competition commission and sbs household appliances ta smeg pty ltd case number. International trade administration commission south. South africa has one of the most prodigious histories of antitrust enforcement on the african continent. Competition commission publishes interim report re grocery retail market inquiry introduction the south african competition commission sacc on wednesday 29 may 2019 released its interim report on its findings in the grocery retail sector market inquiry inquiry. The competition commission was a nondepartmental public body responsible for investigating mergers, markets and other enquiries related to regulated industries under competition law in the united kingdom. The deadline for submission of complete national pavilion application forms accompanied by all supporting documentation is 18 may 2020.
The second model that is used to measure competition in the south african banking sector is the bresnahan model bresnahan, 1982. Data preliminary report the competition commission. Click here to download the programme for the data services. Small foreignowned retailers in south africa are more. The competition commission is a statutory body constituted in terms of the competition act, no 89 of 1998 by the government of south africa empowered to inve. It then assesses the effects of competition policy in south africa after 1994, with the main focus being on the performance of the new competition institutions established in 1999. The competition act south africa has recently introduced two acts which came into effect on the 1st april 2011, the consumer act and the competition act. In addition to such agencies, there is often another body responsible for formulating competition policy. The fair competition commission fcc is a public institution established by virtue of section 621 of the fair competition act, no. On friday the south african competition commission said a data market inquiry ha been officially set in motion with the publishing of terms of reference in the government gazette. Our competition practice is at the forefront of developments in competition law in south africa.
From south africa, mziwodumo rubushe gives us highlights of some of the discussions that took place at a breakout session on. Okeahalam 2001 follows the scp framework and concludes that the south african banking sector is highly concentrated, which may lead to a high likelihood that there will be collusive oligopoly in the industry. For a birds eye view of the status of south african competition law enforcement in the last year, one need look no further than the competition commissions commission annual report report. Competition commission south africa abstract the competition act and certain recent decisions by the competition authorities are examined here to assess the extent to which south africas conductbased approach to competition law has led to consistent outcomes in the assessment of effects on competition. By continuing to use our website, we assume you are okay with it. However the consumers act has not been tested in court. The commission, which is south africas official antitrust agency, has referred the matter to a tribunal for formal prosecution. Republic of south africa competition commission competition act, 89 of 1998 meeting with massmart open session date. The dti campus, mulayo building, block c, 77 meintjies street, sunnyside, pretoria.
Once the competition tribunal has concluded the adjudication of a case, the panel presiding over the case must issue a decision. Mr s tleane anc said the commission was doing a good job. The south african competition commission publishes grocery. The primary drivers behind these developments are the traditional justifications of competition regulation as a means of encouraging economic growth and ensuring that. The competition commission is a statutory body constituted in terms of the competition act, no 89 of 1998 by the government of south africa.
This is a nonstructurebased test for the degree of competition, such that the model can be used even when there is no cost or profit data by firm available. Retail sale of electrical household appliances relevant market. This page defaults to reflect cases decided in the last 60 days. South africas competition commission on thursday approved the sale of glencores optimum coal mine to local firm tegeta, but said the deal should proceed without job losses. To provide for the establishment of a competition commission responsible for the investigation, control and evaluation of restrictive practices, abuse of dominant. Diversified industrial manufacturer eaton corporation nyse. Suggested by adrev masters admin sweet victory as featured in spongebob squarepants. Its purpose is to promote and maintain competition in south africa in order to.1402 287 118 949 1561 400 5 151 1393 459 937 156 1300 609 1535 1548 92 1069 485 1146 949 133 623 48 273 310 207 965 195 1503 1329 1595 1179 988 766 839 1200 1191 626 1142 1127 582 1253 519