The Competition Commission (CompCom) is a South African government agency and the country's anti-trust regulator. It has the power to block mergers and other transactions that would reduce competition.[2][3][4]
Competition Commission (CompCom) | |
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Motto | A growing, deconcentrated and inclusive economy |
Agency overview | |
Annual budget | R 528 million (2022/23)[1] |
Jurisdictional structure | |
Operations jurisdiction | South Africa |
Location of the Competition Commission | |
Governing body | Department of Trade, Industry and Competition |
Constituting instrument | |
Operational structure | |
Headquarters | 77 Meintjies Street, Sunnyside, Pretoria |
Elected officer responsible | |
Agency executive |
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Website | |
www |
History
editIn 2021, it blocked a proposed acquisition of Burger King South Africa over a lack of Black ownership.[5]
References
edit- ^ "Competition Commission - Annual Report 2022-23" (PDF).
- ^ Phillips, Burton; van der Meulen, Shawn (17 August 2021). "In brief: the key features of merger control legislation in South Africa". Lexology. Retrieved 26 August 2021.
- ^ Lewis, David (1 January 2013). Enforcing Competition Rules in South Africa: Thieves at the Dinner Table. Edward Elgar Publishing. ISBN 978-1-78195-375-4.
- ^ Ndlovu, Precious N. (23 April 2018). Competition Law in South Africa. Kluwer Law International B.V. ISBN 978-90-411-9607-1.
- ^ Madubela, Anathi (18 August 2021). "Burger King sale possibly back on the cards after revised conditions". Fin24. Retrieved 26 August 2021.
External links
editSee also
editCompetition Tribunal (South Africa)