Nonkululeko Sibanyoni

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The Competition Amendment Bill proposes giving the Competition Commission broader powers, with more substantial remedies and the threshold for initiating a market inquiry has been lowered. Key changes include the expansion of the scope of market inquiries, the provision of a notification and consultation process with sector regulators and the granting of substantial powers to the minister in relation to market inquiries. Since it obtained the power to conduct market inquiries, the Competition Commission has…