The Competition Act 89 of 1998 | Western Cape Government

22Covid-19 Alerts

COVID-19 Vaccine Information and Dashboard

View Vaccine information

TB Information and Dashboard

View TB information

The Competition Act 89 of 1998

No. No.1392 of 1998
Legislated: 30 October 1998
(The Government of South Africa)

The Competition Act 89 of 1998

The purpose of this Act is to promote and maintain competition in the Republic by:

  • The promotion of the efficiency, adaptability and development of the economy.
  • Providing consumers with competitive prices and product choices.
  • The promotion of employment and the advancement of the social and economic welfare of South Africans.
  • The expansion of opportunities for South African participation in world markets and recognizing the role of foreign competition in the Republic.
  • Ensuring that small and medium-sized enterprises have an equitable opportunity to participate in the economy.
  • The promotion of a greater spread of ownership, in particular to increase the ownership stakes of historically disadvantaged persons.
The content on this page was last updated on 23 August 2013