| Competition Commission (CompCom) | |
|---|---|
 | |
| 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 |
|
| Website | |
| www | |
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]
History
In 2021, it blocked a proposed acquisition of Burger King South Africa over a lack of Black ownership.[5]
References
- ↑ "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
See also
Competition Tribunal (South Africa)
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.