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Expectations and outcomes: considering competition and corporate power in South Africa under democracy

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  • Gertrude Makhaya
  • Simon Roberts

Abstract

Competition law was viewed as a key instrument under democracy to address entrenched corporate power, in the context of liberalisation. This article examines South Africa's competition law regime and the changing strategies of large firms through three industry case studies. In the industry studies we assess, first, how corporate strategies have evolved to protect market power and the rents derived from this power and, second, how the competition regime has affected economic power and its exercise. We reflect on the overall record of the competition authorities in light of the outcomes observed.

Suggested Citation

  • Gertrude Makhaya & Simon Roberts, 2013. "Expectations and outcomes: considering competition and corporate power in South Africa under democracy," Review of African Political Economy, Taylor & Francis Journals, vol. 40(138), pages 556-571, December.
  • Handle: RePEc:taf:revape:v:40:y:2013:i:138:p:556-571
    DOI: 10.1080/03056244.2013.854034
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    Cited by:

    1. Roberts Simon, 2017. "Working Paper 255 - Competition and industrial policies relating to food production in southern Africa," Working Paper Series 2366, African Development Bank.
    2. Thando Vilakazi & Stefano Ponte, 2022. "Black Economic Empowerment and Quota Allocations in South Africa's Industrial Fisheries," Development and Change, International Institute of Social Studies, vol. 53(5), pages 1059-1086, September.

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