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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Issues and problems in South African competition policy
Author:Fourie, F.C. v. N.
Year:1987
Periodical:South African Journal of Economics
Volume:55
Issue:4
Pages:333-354
Language:English
Geographic term:South Africa
Subjects:trade policy
competition
Link:https://doi.org/10.1111/j.1813-6982.1987.tb01101.x
Abstract:The first major competence of the South African Competition Board deals with restrictive practices. If such a restrictive practice is found to exist the Board must decide whether it is justified in the public interest. Another important activity of the Board relates to acquisitions, whereby one firm acquires controlling interests in others, with the effect of restricting competition. Again, public interest is the final criterion in evaluating activities of this kind. This paper examines four aspects: the Board's views on what constitutes public interest, how it interprets 'competition', its concept of market structure and economic concentration, and its view on the respective roles of the market and of the government. Bibliogr., notes, ref.
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