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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.
Motor companies give the nod to aftersales competition
Listen to Competition Commissioner, Tembinkosi Bonakele on Classic Business channel 102
Competition Commission addresses exclusionary conveyancing practices in the banking industry
Competition Commission releases report on the food price monitoring
Compettition Tribunal confirms MTN/Competition Commission settlement to drop data prices
Workshop on Competition Law and Policy in the Digital Economy
Transforming the South African Economy A Dialogue with Business and Labour
Competition Commission SA and CRESSE presents the 6th Competition Economics Workshop
The Impact of the 4th Industrial Revolution on Competition Policy and the Economy
Barriers to Entry for Youth Entrepreneurship in South African Markets
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.
In addition, the Commission promotes voluntary compliance with the Act by providing education and advice on the application of the Act. The Commission can negotiate agreements with any regulatory authority to coordinate and harmonise the exercise of jurisdiction over competition matters within the relevant industry or sector, and ensure the consistent application of the principles of the Act. The Commission can also participate in the proceedings of any regulatory authority and advise (or receive advice) therefrom.
“Competition in theory leads to the dynamism, growth and innovation. Of course, here I am not just concerned about growth, but also the levels of participation by various groups. The South African economy, even at its best of times, turned to be quite exclusionary. Despite the authorities best endeavours, our economy remains highly concentrated with low levels of dynamism, persistent unemployment, inequality and poverty”
