Competition authorities put to the test
Economic development minister Ebrahim Patel says independent panel to review governance arrangements at Competition Commission and Competition Tribunal
An independent panel will review the governance arrangements in the Competition Commission and the Competition Tribunal, and whether changes are required to improve performance and accountability at the two institutions, economic development minister Ebrahim Patel says. The commission, which is administratively accountable to the department of economic development, has allegedly been involved in dubious procurement practices that threaten its integrity and stability. It is a key statutory body mandated to investigate and evaluate restrictive business practices, abuse of dominant positions and mergers. The tribunal adjudicates competition matters. In a written reply to a question from the DA in parliament which was published this week, Patel provided more details of a forensic probe, particularly into the commission including the terms of reference. Patel said the panel would be led by law firm Malatji Kanyane Attorneys. “The terms of reference includes a review of the contents of th...
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