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ARTICLE · 30 OCTOBER 2018

South African National Assembly Passes The Revised Competition Amendment Bill

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Despite its progress, however, the Bill is not yet operational.

South AfricaAntitrust/Competition Law
ENSafrica Anti-Trust/Competition Department
ENSafrica Anti-Trust/Competition Department
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The South African Competition Amendment Bill, 2017 is a step closer to becoming operational. During its plenary sitting on 23 October 2018, the South African National Assembly ("NA") passed a revised version of the Bill.

On 1 December 2017, the Minister of Economic Development announced the release of the Competition Amendment Bill for public comment. Following the closure of the period for public comments in the first quarter of 2018, a revised Competition Amendment Bill was tabled before parliament on 11 July 2018. The revised bill was then referred to the Portfolio Committee on Economic Development where further amendments were introduced after public hearings held in August 2018. It is this iteration of the Competition Amendment Bill that was passed by the National Assembly during yesterday's session.

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