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ARTICLE · 16 JULY 2019

Provisions Of The Competition Amendment Act Come Into Effect

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The test for excessive pricing has been reformulated under the Amendment Act, although it is largely reflective of existing case law.

South AfricaAntitrust/Competition Law
Johan Coetzee
Johan Coetzee
Neil MacKenzie
Neil MacKenzie
Stuart Strachan
Stuart Strachan
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On 11 July 2019, the Minister of the Department of Trade and Industry (soon to be the Department of Trade, Industry and Competition), Minister Ebrahim Patel, delivered his budget vote speech to the National Assembly. In his speech, the Minister noted six key areas that his Department will focus on:.

  • expanding markets for South African products and facilitating entry into those markets;
  • supporting improved industrial performance, dynamism and competitiveness of local companies;
  • improving the levels of investment in the economy and helping to achieve the target set by the President in SONA last year;
  • promoting economic inclusion, opening up and changing South Africa's market structure, both through industrial funding to new groups and through competition policy;

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