n Without Prejudice - The playing field has suddenly got a lot larger : competition law
|Article Title||The playing field has suddenly got a lot larger : competition law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Jul 2013|
|Pages||26 - 28|
In recognising that competition contraventions impact heavily on consumers and businesses, there is an increased interest in class actions in competition matters both in South Africa and abroad. While the competition regulatory bodies are tasked with penalising the contraveners, the proceeds of administrative penalties imposed by the authorities do not reach those who suffered loss as effectively as would a direct damages claim.
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