With the growth of economies across Africa, competition law has remained one of the key drivers for effective market participation, consumer protection and fair business practices. However, the global pandemic introduced new challenges for competition authorities in Africa and abroad, with each enforcer pursuing the most beneficial enforcement method for its national or regional jurisdiction.
According to Lerisha Naidu, Partner in Baker McKenzie’s Competition & Antitrust Practice in Johannesburg, “These efforts were aimed at curbing the persistence of unjustified price hikes, anticompetitive cooperation between competitors and other harmful business practices that sought to undermine competition. In addition to the urgent responses to the unprecedented impacts of the global COVID-19 crisis, competition authorities in countries and regions across Africa continued to introduce new laws and amend existing legislation as a sign of the rapidly increasing prioritisation of competiti
Competition law in post-pandemic Africa a key driver for market participation, consumer protection and fair practices
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With the growth of economies across Africa, competition law has remained one of the key drivers for effective market participation, consumer protection and fair business practices. However, the global pandemic introduced new challenges for competition authorities in Africa and abroad, with each enforcer pursuing the most beneficial enforcement method for its national or regional jurisdiction.
Tribunal extends compliance period for B-BBEE condition in PepsiCo, Pioneer merger
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The Tribunal has extended the compliance period for one of the conditions imposed in the March 2020 merger whereby PepsiCo Inc. (PepsiCo) indirectly acquired Pioneer Food Group Limited, through PepsiCo’s South African subsidiary, Simba (Pty) Ltd (“the merged firm”).
Extensive amendments proposed to merger filing forms polity.org.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from polity.org.za Daily Mail and Mail on Sunday newspapers.