South Africa: Competition Act 1998 heralds new era for merger control
Monday, 1 February 1999
Featured In: February / March 1999 (Vol. 2 Iss. 1)
The new Competition Act 1998, part of which is already in force and the rest of which is expected to come into force in July 1999, will have a profound effect on competition law in South Africa. Based partly on EU competition law, the new Act will prohibit certain practices and abuse of dominance in the market. It also introduces far-reaching provisions for merger control.
Edward M Southey and Nicole Sacks
Webber Wentzel Bowens
Johannesburg
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