Description

Competition Act (No. 12 of 2010) including unilateral conduct regulation entered into force

On 1 August 2011, Competition Act (No. 12 of 2010) entered into force. The Act prohibits the abuse of a dominant position in the market, which includes unilateral conduct deemed unfair or anti-competitive. Such conduct may involve imposing unfair purchase or selling prices, limiting production or market access, or engaging in predatory practices. The Competition Authority is empowered to investigate and penalise entities engaging in these practices, ensuring that dominant firms do not exploit their market power.

Original source

Scope

Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
executive
Government Body
central government

Complete timeline of this policy change

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2010-12-30
adopted

On 30 December 2010, the President endorsed the text for Competition Act (No. 12 of 2010). The Act …

2011-08-01
in force

On 1 August 2011, Competition Act (No. 12 of 2010) entered into force. The Act prohibits the abuse …

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