Competition Act, 1998 (Act No. 89 of 1998)RegulationsBlock Exemption for the Security of Supply of Essential Goods, 20214 - 5. Exclusions |
4. | These Regulations do not: |
4.1. | exempt price-fixing and collusive tendering in respect of essential goods and inputs used in the production of essential goods; and |
4.2. | authorise any discussion of the pricing of essential goods and the pricing of inputs used in the production of essential goods. |
5. | Firms in the supply chain for essential goods remain subject to the Consumer and Customer Protection and National Disaster Management Regulations and Directions1 (“Regulations and Directions") issued on 19 March 2020. In terms of section 4 of the Regulations and Directions, any increases in prices for the essential goods, or the supply of inputs for essential goods, must be cost justified and not increase the net margin or mark-up for that good above the average margin or mark-up for that good in the three month period to 1 March 2020. |
__________________________________________
1 Government Notice No. 350 of GG 43116.