In South Africa, the Competition Commission regulates competition by monitoring restrictive business activities and regulating the mishandling of positions and the mergers of entities.
Competition Commission is an independent authority established under the Competition Act of the year 1998.
Competition Commission was established in the country of South Africa in order to promote healthy competition. It can be resulted in providing goods to consumers at competitive costs with varied products and initiates adaptability, enhancing efficiency and the development of the economy.
Therefore, the regulation of business practices and the mergers are the ways in which Competition Commission regulates the Competition.
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