oa De Rebus - Fighting over breadcrumbs - cartels and the Competition Act 89 of 1998 : feature
|Article Title||Fighting over breadcrumbs - cartels and the Competition Act 89 of 1998 : feature|
|© Publisher:||Law Society of South Africa|
|Publication Date||Mar 2014|
|Pages||20 - 22|
In South Africa there is an increase in cartel activities that are forbidden by s 4(1)(b) of the Competition Act 89 of 1998. This article discusses the consequences of cartels on the market, economic development and consumers. The discussion will also provide the legal position regarding cartels by referring to statutory provisions and the prevailing judicial precedent on the matter. It will also highlight the punishments that are available and can be imposed on the cartel members.
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