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

Notices

Guidelines for the Determination of Administrative Penalties for Failure to Notify Mergers and Implementation of Mergers Contrary to the Competition Act No. 89 of 1998, as amended

6. Discount for settlement of cases by firm
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6.1. The Commission, at its sole discretion, may offer a discount of up to 50% off the administrative penalty derived in applying the methodology above. In doing so, the Commission will be mindful of the mitigating factors set out in step 4 above.

 

6.2. Firms that settle their cases with the Commission much earlier on in the investigation are likely to enjoy a greater settlement discount than those firms who settle prior to referral.