Competition Commission (South Africa)

Competition Commission (CompCom)
MottoA growing, deconcentrated and inclusive economy
Agency overview
Annual budgetR 528 million (2022/23)[1]
Jurisdictional structure
Operations jurisdictionSouth Africa
Map
Location of the Competition Commission
Governing bodyDepartment of Trade, Industry and Competition
Constituting instrument
Operational structure
Headquarters77 Meintjies Street, Sunnyside, Pretoria
Elected officer responsible
Agency executive
  • Doris Tshepe, Commissioner
Website
www.compcom.co.za

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

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In 2021, it blocked a proposed acquisition of Burger King South Africa over a lack of Black ownership.[5]

References

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  1. ^ "Competition Commission - Annual Report 2022-23" (PDF).
  2. ^ 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.
  3. ^ 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.
  4. ^ Ndlovu, Precious N. (23 April 2018). Competition Law in South Africa. Kluwer Law International B.V. ISBN 978-90-411-9607-1.
  5. ^ Madubela, Anathi (18 August 2021). "Burger King sale possibly back on the cards after revised conditions". Fin24. Retrieved 26 August 2021.
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Official website

See also

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Competition Tribunal (South Africa)