The Competition Commission has a range of functions in terms of Section 21 of the Competition Act. These include investigating anti-competitive conduct in contravention of the Chapter 2 of the Act; assessing the impact of mergers and acquisitions on competition and taking appropriate action; monitoring competition levels and market transparency in the economy; identifying impediments to competition and playing an advocacy role in addressing these impediments. Anti-competitive conduct, whether through price-fixing, information exchange or the abuse of a dominant position, has adverse effects on both consumers and the economy. Consumers are deprived of low prices and product choice. The overall economic effect would be a slow or negative economic growth rate, as companies become lazy to compete and innovate. The Commission balances issues related to consumer welfare with the broader social and economic goals outlined in the Competition Act, such as employment, international competitiveness, efficiency and technology gains, as well as the ability of small and medium sized businesses and firms owned or controlled by historically disadvantaged persons to compete. In order to ensure the consistent application of the Act across sectors, the Commission may negotiate agreements with other regulatory authorities, participate in their proceedings and advise, or receive advice from, any regulatory authority. The Commission is independent but its decisions may be appealed to the Competition Tribunal and the Competition Appeal Court. Commissioner, Tembinkosi Bonakele, is the Chief Executive Officer of the Commission and is responsible for the general administration of the Commission and for carrying out any function assigned to it in terms of the Competition Act. The two Acting Deputy Commissioners, Hardin Ratshisusu and Oliver Josie, assist the Commissioner in carrying out the functions of the Commission.
View Top Employees from The Competition Commission South AfricaWebsite | http://www.compcom.co.za |
Employees | 301 (245 on RocketReach) |
Founded | 1999 |
Address | 77 Mentjies Street, Sunnyside, Pretoria, Gauteng 0001, ZA |
Phone | +44 20 7271 0100 |
Fax | +44 20 7271 0177 |
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Industry | Public Policy Offices, Government, Merger Regulation, Investigate contraventions of the Competition Act and assess exe, Policy and Research, Promote voluntary compliance of the Competition Act |
Web Rank | 2 Million |
Keywords | Antitrust, Employment, International Competitiveness, Small Businesses |
Competitors | Accountant in Bankruptcy, Competition and Consumer Protection Commission, General Teaching Council for England, National Asset Management Agency, Tamir |
Looking for a particular The Competition Commission South Africa employee's phone or email?
Mmapula Ramfolo is the Head of Department of The Competition Commission South Africa.
245 people are employed at The Competition Commission South Africa.
The Competition Commission South Africa is based in Pretoria, Gauteng.