SA steps up measures against price fixing
Pretoria – Businesses in South Africa have been warned against colluding to fix prices, tenders or markets, as the provisions of the Competition Amendment Act come into effect.
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Pretoria – Businesses in South Africa have been warned against colluding to fix prices, tenders or markets, as the provisions of the Competition Amendment Act come into effect.
The new members will begin their work within the first quarter of the year.
Ramaphosa is usually depicted as a pragmatist held back from implementing business-friendly reforms by the RET faction within the ANC.
The recent fuel shortage in Kenya highlights the need to protect consumers from arbitrary actions by businesses that hold a large market share.
The Competition Commission said it would introduce measures to address the dominance of large firms in various critical sectors.