BRICS, event, South Africa

Concurrences: Interview with Commissioner Bonakele

Antitrust in Developing Countries: Competition Policy in a Politicised World Our friends at Concurrences Review are hosting the fourth edition of the joint conference co-organized by Concurrences & New York University School of Law, in New York City on October 27, 2017. Tickets and more information can be obtained here. Below is the interview of Tembinkosi Bonakele […]

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AAT, AAT exclusive, BRICS, event, Meet the Enforcers, personnel, South Africa

Exclusive AAT interview: Bonakele on antitrust conferences

In our latest instalment of our Meet the Enforcers series, we speak with South African Competition Commissioner Tembinkosi Bonakele on the topic of hosting a series of academic & practitioner platforms to discuss cases and developments in competition-law enforcement. This week, the South African Competition Commission and the Competition Tribunal successfully organised the 9th Annual Conference on Competition Law, Economics […]

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BRICS, legislation, minerals, politics, South Africa

Bonakele advocates regulation in lieu of antitrust enforcement

South African Competition Commissioner quoted as preferring legislative action rather than Commission action In a BD Live article from today (“Competition policy ‘not best way to plug industrial loopholes’”), Linda Ensor reports on a presentation Tembinkosi Bonakele made to Parliament’s trade and industry portfolio committee.  In it, the head of the Competition Commission (“Commission”) remarked, […]

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BRICS, Extra-judicial Factors, mergers, personnel, politics, public-interest, South Africa

New Competition Commissioner not so new: Bonakele retains top job

Interim South African Acting Competition Commissioner Tembinkosi Bonakele confirmed in permanent post by minister who unceremoniously fired predecessor Ramburuth Plus ça change, plus c’est la même chose… This morning, economic-development minister Ebrahim Patel announced the retention of the 38 year-old Mr. Bonakele as the top antitrust enforcer in the South African republic, making permanent for […]

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COVID-19, excessive pricing, South Africa

Competition Commission makes good on its promise to clamp down on excessive pricing amid COVID-19 outbreak

Despite the overwhelming amount of excessive pricing complaints being referred to the South African Competition Commission (“the Commission”), it has remained unwavering in its commitment to prioritize and follow-through on bringing the full might of the law down on suppliers and retails who have used the prevailing circumstances to take advantage of consumers by increasing […]

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AAT exclusive, Grocery Retail Market Inquiry, market study, South Africa, Uncategorized

SOUTH AFRICA: COMPETITION COMMISSION PUBLISHES INTERIM REPORT RE GROCERY RETAIL MARKET INQUIRY

By Charl van der Merwe Introduction The South African Competition Commission (“SACC”) on Wednesday 29 May 2019 released its interim report on its findings in the Grocery Retail Sector Market Inquiry (“Inquiry”). The Inquiry’s terms of reference, published in October 2015, mandated the SACC to investigate: “The impact of the expansion, diversification and consolidation of […]

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Big Picture, BRICS, economics, event, full article, South Africa

“Emerging Antitrust”: One size doesn’t fit all?

Pro rem publicam At the Concurrences “Antitrust & Developing and Emerging Economies” conference held at NYU Law last Friday — and aptly sub-titled “Coping with nationalism, building inclusive growth” — the audience was treated to a (rather iconoclastic, yet fascinating) keynote speech by Nobel laureate economics professor Joe Stiglitz, which highlighted what would become a theme […]

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BRICS, Extra-judicial Factors, legislation, public-interest, South Africa

SA Competition Act officially amended – serious consequences for businesses

South Africa has amended its antitrust laws, first introduced to the country in 1998 via its Competition Act.  Parliament ratified the amendments (which still have to be rubber-stamped by the National Council of Provinces, a mere formality) yesterday over the serious objections of the opposition parties.  The new law will give significant interventionist powers to the […]

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BRICS, event, Meet the Enforcers, mergers, new regime, South Africa

October Antitrust Conference Shines Spotlight on Africa

New York Concurrences conference: Focus on emerging economies, “coping with nationalism and building inclusive growth” AAT invites its readers to sign up for what promises to be a timely and topical conference in NYC this October 26, 2018, at NYU Law School.  Program below, sign-up with Eventbrite here.  The event features the SACC’s Commissioner Tembinkosi Bonakele […]

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Uncategorized

South African Annual Competition Conference 2017: Law versus Policy – A “watch this space” moment

During the final week of August 2017, a number of prominent antitrust practitioners, economists, academics and politicians gathered in Johannesburg for the 11th Annual Competition Law, Economics & Policy Conference (Conference). The Conference attracted a variety of presenters, both local and international, to grapple and stimulate debate around a number of highly topical issues including […]

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