PENALTIES FOR ANTI-COMPETITIVE CONDUCT: SHARPENING THE STING OF SOUTH AFRICA’S COMPETITION AUTHORITIES

The recent series of administrative penalties imposed on respondent firms by the South African competition authorities is indicative of an active competition law regime committed to the development of sustainable and pro-competitive South African business practices.  However, it remains to be seen whether these measures in fact effectively address the anti-competitive conduct at which they are specifically directed and serve as a meaningful deterrent to potential offenders.