Question

5 successfulness of the competition policy in South Africa

Answer 1

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Explanation:

QUESTION : 5 successfulness of competition policy and South Africa ??

ANSWER :

- Five examples that support successfulness of the competition policy of South Africa are:

(1) The product choices along with its competitive prices were provided to the consumers.

(2) Practices such as horizontal collusion and resale price maintenance was declared unlawful in 1984.

(3) prevention of monopolar growth was the aim of competition policy act.

(4) countries monopolies and markets were regulated by the help of this structure.

(5) It benefited all the South African either by providing employment and by participation of small and medium enterprises balancing the act through ownership economic transformation.