The Competition Act : Managing Business Risk4 December 2018
The Durban Chemicals Cluster (DCC) aims to ensure members are informed of relevant company legislation and manage their business risk effectively. In order to ensure that members understand the ever-stringent legislative environment, the DCC hosts regular workshops providing members with insights into legal compliance.
The Competition Act seeks to ensure the efficient allocation of scarce resources through the protection of free market competition, ultimately leading to improved consumer welfare. It affects every business operating in South Africa and failure to comply can result in severe penalties. The severity of the consequences necessitate a sound understanding of its basic principles.
The agenda will included: