South Africa Competition Act 89 of 1998
What is South Africa Competition Act 89 of 1998?
South Africa's competition statute: the prohibitions on cartel conduct and other restrictive horizontal and vertical practices, minimum resale price maintenance, abuse of dominance (excessive pricing, essential facilities, exclusionary acts, buyer power over SME and HDP suppliers) and price discrimination; the exemption route; merger notification, standstill, information and condition duties and the foreign-acquirer national security notice; market inquiry participation, confidentiality claims, cooperation with search and summons, consent orders and leniency; and the offences and directors' criminal liability for cartel conduct. It comprises 23 controls organised across 5 domains, and applies in South Africa.
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