Competition Amendment BillCall for comments opened 26 October 2018 Share this page:
Submissions are now closed (since 07 November 2018)
The Select Committee on Economic and Business Development invites interested stakeholders to submit written submissions on the Competition Amendment Bill [B23B -2018].
The Bill aims:
To amend the Competition Act, 1998, so as to introduce provisions that clarify and improve the determination of prohibited practices relating to restrictive horizontal and vertical practices, abuse of dominance and price discrimination and to strengthen the penalty regime; to introduce greater flexibility in the granting of exemptions which promote transformation and growth; to strengthen the role of market inquiries and merger processes in the promotion of competition and economic transformation through addressing the structures and de-concentration of markets; to protect and stimulate the growth of small and medium businesses and firms owned and controlled by historically disadvantaged persons while at the same time protecting and promoting employment, employment security and worker ownership; to facilitate the effective participation of the National Executive within proceedings contemplated in the Act, including making provision for the National Executive intervention in respect of mergers that affect the national security interests of the Republic; to mandate the Competition Commission to act in accordance with the results of a market inquiry; to amend the process by which market inquiries are initiated and promote greater efficiency regarding the conduct of market inquiries; to clarify and foster greater certainty regarding the determination of confidential information and access to confidential information; to provide the Competition Commission with the powers to conduct impact studies on prior decisions; to promote the administrative efficiency of the Competition.
Comments must be forwarded to Ms Noziphiwo Dinizulu at firstname.lastname@example.org by no later than Friday, 07November 2018
Stakeholders interested in making oral submissions should indicate so
Enquiries can be sent to Ms Noziphiwo Dinizulu at email@example.com or telephone: 021 403 3779 or 083 709 8393.
You can track the Bill in Parliament here