Tag archives: Competition

Competition Amendment Bill proposes significant changes to Market Inquiries

Photo of Rosalind Lake (ZA)Photo of Nelisile ThanjekwayoPhoto of Nonkululeko SibanyoniBy Rosalind Lake (ZA), Nelisile Thanjekwayo and Nonkululeko Sibanyoni on Posted in General
The Competition Amendment Bill proposes giving the Competition Commission broader powers, with more substantial remedies and the threshold for initiating a market inquiry has been lowered. Key changes include the expansion of the scope of market inquiries, the provision of a notification and consultation process with sector regulators and the granting of substantial powers to … Continue reading

Competition Commission proposes tough measures on motor insurers

Photo of Mark GriffithsBy Mark Griffiths on Posted in Insurance
On 1 August 2018, the Competition Commission called for final comments on its far-reaching Code of Conduct for Competition in the Automotive Industry. The code will materially impact a range of stakeholders, including motor insurers. This consultation is the last opportunity for stakeholders to comment before they decide whether or not to sign up to … Continue reading

SA poised to follow suit in utilisation of non-competition merger control to protect State security in foreign mergers

Photo of Jason van Dijk (ZA)By Jason van Dijk (ZA) on Posted in General
A controversial introduction in the latest draft of the Competition Amendment Bill of 2018 is the inclusion of a section that requires the State President to constitute a standing committee of cabinet ministers and public officials to consider whether a merger, involving a foreign acquiring firm, will be adverse to national security interests in the … Continue reading
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