The success of the competition policy of South Africa lead to:
- The product choices as well as with its competitive prices were given to consumers.
- Market Practices e.g. horizontal collusion and resale price maintenance was deemed unlawful.
What is the competition policy in South Africa?
The aim of the Competition Act of 1998 is to boasr and maintain competition in South Africa as it was enacted to:
- To promote efficiency.
- The development of the economy as well as others.
Therefore, The success of the competition policy of South Africa lead to:
- The product choices as well as with its competitive prices were given to consumers.
- Market Practices e.g. horizontal collusion and resale price maintenance was deemed unlawful.
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