The Competition Commission (Commission) is one of three independent statutory bodies established in terms of the Competition Act, No. 89 of 1998 (the Act) to regulate competition between firms in the market. The other bodies are the Competition Tribunal (Tribunal) and the Competition Appeal Court (CAC). The Commission is the investigating and prosecuting agency in the competition regime while the Tribunal is the court. The CAC hears appeals against decisions of the Tribunal. Although each of the bodies functions independently of each other and of the State, the Commission and Tribunal are administratively accountable to the Economic Development Department (EDD), while the CAC is part of the judiciary.
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Commission recommends conditional approval of Heineken’s proposed takeover of Namibian Breweries and certain distill operations* The Competition Commission has recommended that the Competition Tribunal approve with conditions the proposed transaction whereby the Heineken Group through Sunside (...)
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South African and Egyptian Competition Authorities join forces to strengthen anti-monopoly competition laws* The Competition Commission South Africa this morning, 31 August 2022, signed a Memorandum of Understanding (MoU) with the Egyptian Competition Authority to establish a general framework (...)
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COVID-19 UPDATE : COMPETITION COMMISSION FLOODED WITH OVER 500 COMPLAINTS OF EXCESSIVE PRICING * Background On 15 March 2020 President Cyril Ramaphosa declared a State of National Disaster, and further to that the President announced the enforcement of a nationwide lockdown for 21 days with (...)
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