Competition Act, 1998 (Act No. 89 of 1998)RegulationsBuyer Power Regulations, 20202. 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. |