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ARTICLE · 02 SEPTEMBER 2022

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Government Publishes Draft Block Exemption Regulations For Small, Micro And Medium-Sized Businesses, 2022

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On Wednesday, 31 August 2022, the Minister of Trade, Industry and Competition published for comment draft Block Exemption Regulations for Small, Micro and Medium-Sized Businesses after consultation with the Competition Commission.

South AfricaAntitrust/Competition Law
ENSafrica Anti-Trust/Competition Department
ENSafrica Anti-Trust/Competition Department
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On Wednesday, 31 August 2022, the Minister of Trade, Industry and Competition published for comment draft Block Exemption Regulations for Small, Micro and Medium-Sized Businesses ("SMMEs") after consultation with the Competition Commission (the "Commission"). The public has been given a period of 30 days from this date to make written submissions to the Acting Director-General: Department of Trade, Industry and Competition(the"DTIC").

In response to the economic consequences of the COVID-19 pandemic, the government has developed the Economic Reconstruction and Recovery Plan ("ERRP") which aims to stimulate economic growth and inclusivity for all.

The Commission's study on Measuring Concentration and Participation in the South African Economy: Levels and Trends found that the share of SMMEs of the country's aggregate income is comparatively low and declining.

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