A PYMNTS Company

South Africa: New antitrust legislation closes loopholes for businesses

By  |  January 14, 2013

New legislation passed by South Africa’s National Assembly at the end of 2012 will make it more difficult for companies to avoid facing the nation’s Competition Tribunal, according to law firms. Amendments have been made that give the Competition Appeal Court and the Labour Appeal Court sole jurisdiction over any matters pertaining to competition and labor. Previously, according to reports, companies could use legal loopholes to avoid the Tribunal.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: BD Live

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.