Thursday, May 8, 2008
Posted by D. Daniel Sokol
Simon Roberts (Competition Commission of South Africa) provides insights into South African Competition Policy in 2008: Key Priorities of the Competition Commission.
ABSTRACT: In its ninth year of operation, the main priorities of the South African Competition Commission reflect a maturing of the competition regime, as well as a growing recognition of the importance of competitive rivalry in the development of the South African economy.
The Commission is much more active in the area of anticompetitive practices and has increased its focus on cartels; it has identified four priority sectors for attention; and it is engaged in substantially strengthening its capacity.
These are some of the key changes that emerged from a strategic planning review initiated in 2006. After providing some background on the evolving competition regime in South Africa, the author addresses each of these recent developments.