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South Africa Budget Review 2008

Surname: Jackson
First Names: Matthew William
Student Number:
Subject: Economics
Assignment Number: One
Tutors’ Name Mr. MC Seedat
Date Submitted: 2008.03.14
Submission: First
Postal Address: PO Box 704
Shelly Beach
4265
E-mail: matthew.jackson@worldonline.co.za
Contact Numbers: W 039 315 0151
H 039 312 0055
Cell 0832834460
Course/Intake: MBA Year One – January 2008

I hereby declare that the assignment submitted is an original piece of work produced by myself.

Matthew Jackson
= 2008.03.13
Question 1:
Use a country of your choice to discuss competition policy and its success in reducing the abuse of dominant positions in the domestic market. You are required to provide discussion with reference to cases addressed by competition authorities in the country of your choice. Your discussion must also relate to the objectives for the competition Act or antitrust law of your country. Your discussion should include among other things, the following:
• History of the competition policy
• The Purpose of the competition policy
• Benefits and drawbacks of the competition policy
• Mergers and Acquisitions
• Restrictive Practices
• Abuse of a dominant Position
• Competitions policy and your country’s competitiveness in the world market

Introduction.
McGowan (1998) states that a common set of competition policy principles, accepted and enforced by all
Countries, would go a long way to achieving a more coherent approach to addressing anticompetitive
activity at international level. This would contribute directly to greater international economic
efficiency by further facilitating the international flow of goods, services and technology. In practice, however, greater convergence necessitates common laws, common enforcement bodies and identical
administrative systems.
Hartzenberg (2004) reported to the United Nations that “South Africa’s apartheid legacy and its...