oa Journal of Economic and Financial Sciences - Anti-competitive behaviour in the agri-food and steel value chains in the South African manufacturing sector
|Article Title||Anti-competitive behaviour in the agri-food and steel value chains in the South African manufacturing sector|
|© Publisher:||University of Johannesburg|
|Journal||Journal of Economic and Financial Sciences|
|Affiliations||1 University of Johannesburg and 2 University of Johannesburg|
|Publication Date||Jul 2014|
|Pages||315 - 340|
|Keyword(s)||Agri-food, Chicago School, Competition policy, Oligopoly, Ordoliberalist approach, Porter's Five Force Framework, SMEs and Steel|
Despite the fact that it has existed for over ten years, the Competition Act has had little impact in diluting the dominance of big business in the South African manufacturing sector. This study sought to ascertain the extent of anti-competitive behaviour in two sub-sectors of the South African manufacturing sector and to determine whether the competition authorities should focus on supporting SMEs as competitors to big business. The findings indicated that SMEs in these two sub-sectors face unique difficulties in fighting anti-competitive behaviour, and that there is scope for the competition authorities to facilitate the participation of SMEs in the economy through the use of tools such as market inquiries, the Corporate Leniency Policy and structural remedies.
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