Remedies
The competition authorities have a multitude of remedies at their disposal, including:
- interdicting a prohibited practice (both as final and interim relief);
- ordering the reasonable supply or distribution of goods to bring a prohibited practice to an end;
- imposing an administrative penalty of up to 10% of the transgressing firm’s annual turnover in South Africa;
- ordering divestiture of assets;
- declaring an agreement or part thereof void;
- ordering a dominant firm to grant reasonable access to an essential facility.
In addition to the remedies at the disposal of the competition authorities, a third party may institute civil action against a company once there has been a finding that the conduct complained of by the third party is a prohibited practice for purposes of the Competition Act.
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Featured news
Is it a question of control?
The Competition Act (1998) regulates mergers. A merger is said to occur when one or more firms directly or indirectly acquire or establish direct or indirect control over the whole or part of the business of another firm. |
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Featured office: Angola
Inquiry: angola@adamsadams.com |
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Featured person: Marais , Jac
Partner
Attorney
Tel: +27 (0) 12 432 6356
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