n Without Prejudice - The heavy hand of the Competition Commission : competition law
|Article Title||The heavy hand of the Competition Commission : competition law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Mar 2011|
|Pages||17 - 18|
The sooner businesses put in place competition law compliance programmes to ensure that they comply with the Act, the better for them and their managers. The Commission boosted the National Revenue Fund by more than R673 million last year by forcing South African companies, which contravened the Competition Act, to agree to pay huge administrative penalties in terms of consent orders.
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