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Competition Act, 1998 (Act No. 89 of 1998)

Regulations

Buyer Power Regulations, 2020

2. Purpose

 

The purpose of these Regulations is to—

 

(a) designate the sectors of dominant firms which are prohibited from requiring or imposing unfair prices or other trading conditions on a supplier;
(b) set out the relevant factors and benchmarks for determining whether prices and other trading conditions imposed are unfair; and
(c) in respect of firms owned or controlled by historically disadvantaged persons, set out the benchmarks for determining the firms to which section 8(4) applies.