South Africa: Commission releases price discrimination and buyer power draft guidelines
The Competition Commission has issued the draft Price Discrimination and Buyer Power Draft Guidelines following the announcement of the regulations by the Minister of Trade and Industry, Ebrahim Patel, last week.
The Department of Trade, Industry and Competition published the draft regulations for public comment in terms of section 78 of the Competition Act (Act No 89 of 1998). The regulations deal with buyer power and price discrimination in terms of (section 8(4) and (section 9) respectively.
In February this year, President Ramaphosa signed the amendments to the Competition Amendment Act, and in July this year Minister Patel promulgated certain sections of the amendments to the Act. The amendments seek to address persistent concentration and promote greater participation in the economy by SMMEs and companies owned by historically disadvantaged persons (HDP companies).
Full Content: Competition Commission South Africa
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
BHP Unveils £31bn Mining Megamerger Proposal with Anglo American
Apr 25, 2024 by
nhoch@pymnts.com
ByteDance Prefers Shutdown Over Sale of TikTok Amid US Ban Threats
Apr 25, 2024 by
CPI
FCC Votes to Restore Net Neutrality Rules
Apr 25, 2024 by
nhoch@pymnts.com
Apple Rejects Spotify’s Updated App Over In-App Pricing Disclosure
Apr 25, 2024 by
CPI
FCC Set to Reinstate Net Neutrality Rules Today
Apr 25, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI