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Archive: April 2020

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South Africa: Questions on the legality of price gouging enforcement under the Competition Act

April 24, 2020

On 20 April 2020, the Competition Tribunal (the Tribunal) approved the first consent order under the price regulations adopted to address the price gouging of essential products/services during the COVID-19 pandemic.

South Africa: Competition Commission prosecutes first case of excessive pricing of essential products

April 16, 2020

On 9 April 2020, the Competition Commission (the Commission) referred the first case of excessive pricing of essential products to the Competition Tribunal (the Tribunal).

South Africa Companies recommended to proactively manage BEE certification risk during lockdown

April 15, 2020

On 18 March 2020, the South Africa National Accreditation System (SANAS) amended the requirement for on-site visits as part of the Black Economic Empowerment (BEE) verification process to take into account the social distancing measures imposed by the South African government.

Concerns persist with the implementation of Nigerian merger control regime

April 06, 2020

In March 2020, the Federal Competition and Consumer Protection Commission (the Commission), the Nigerian competition authority, published for consultation the draft Merger Review Regulations (the Regulations) and the draft Merger Review Guidelines (the Guidelines).