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Companies need to proactively engage with the requirements of the Competition Act to ensure that they can do business without fear of contravening the Act, says legal firm Webber Wentzel partner...
The Competition Act of 2001 is designed to protect competition in a market, not to protect competitors or consumers, says law firm Deneys Reitz associate Rosalind Lake. However, the Act is unique...
Using simultaneous criminal and civil processes to prosecute cartel or price fixing activities leads to improved recovery of money from offenders, says legal firm June Marks Attorneys founder June...
Internationally, criminal penalties for cartel activities are a growing legal phenomenon because fines imposed often do not serve as adequate disincentives for such activities, says law firm Deneys...
Small and medium-sized enterprises (SMEs) are underusing the Competition Act’s powers that afford such businesses the opportunity to enter into preferential agreements with larger companies, for...
Many large, well-known South African companies have been engaged in cartel behaviour over the last few years. This has resulted in the competition authorities imposing financial penalties (a...
The lingering schoolboy sense of justice in me (and in many others, I suspect) makes it hard to accept a logic whereby a company walks away scot-free, after effectively "telling tales" on its...
Because South Africa is a developing country, experts believe that it should have a Competition Act that can develop as it grows. The Act needs to tackle the aims of seeking to encourage...