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ARTICLE · 04 MAY 2020

A Competitor's Guide To COVID-19

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Individuals, corporations and the economy have all fallen victim to the devastating impact of COVID-19 ("the coronavirus"). However, the recent regulations published by the Minister of Trade

South AfricaAntitrust/Competition Law
Jac Marais
Jac Marais
Mia De Jager
Mia De Jager
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Individuals, corporations and the economy have all fallen victim to the devastating impact of COVID-19 ("the coronavirus"). However, the recent regulations published by the Minister of Trade, Industry and Competition, Minister Patel, intends to bring some relief to the economy in its bid to fight the pandemic.

The Competition Act 89 of 1998 ("the Act"), allows the Minister to exempt categories of agreements or practices from the application of chapter 2 (prohibited practices) of the Act, in order to give effect to the purpose of the Act. The Act echoes the objectives of the Constitution in that it similarly has as one of its purposes "to promote employment and advance the social and economic welfare of South Africans".

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