The Competition Act
The purpose of the Competition Act is to promote and maintain competition in the Republic in order –
to promote the efficiency, adaptability and development of the economy;
to provide consumers with competitive prices and product choices;
to promote employment and advance the social and economic welfare of South Africans;
to expand opportunities for South African participation in world markets and recognise the role of foreign competition in the Republic;
to ensure that small and medium-sized enterprises have an equitable opportunity to participate in the economy; and
to promote a greater spread of ownership, in particular to increase the ownership stakes of historically disadvantaged persons.
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Effective from 1 February 2001)
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Website last updated March 4, 2007 by the Webmaster. Competition Tribunal, Republic of South Africa © 2006. All Rights Reserved