Tag: price discrimination
What is wrong with dumping?
Dumping is described as international price discrimination, wherein a product is cheaper in the importing market than it is in the market that is exporting said product. This practice is frowned upon, as exemplified by calls to curb dumping through measures like tariffs or outright bans on certain imports.
Price discrimination and buyer power regulations (2nd draft) published for comment
On 10 October 2019, the Minister of Economic Development published second drafts of the Price Discrimination Regulations and Buyer Power Regulations (collectively, the 2019 Regulations) for public comment.
Recent amendments to the Competition Act
Amendments to the Competition Act were published in the Government Gazette in February 2019. These are, however, not yet in force pending the publication of a date to be proclaimed by the President. Some of the more prominent changes to the Act are as follows.
