Description
Book SynopsisShaping markets through competition and economic regulation is at the heart of addressing the development challenges facing countries in southern Africa. The contributors to
Competition Law and Economic Regulation: Addressing Market Power in southern Africa critically assess the efficacy of the competition and economic regulation frameworks, including the impact of a number of the regional competition authorities in a range of sectors throughout southern Africa. Featuring academics as well as practitioners in the field, the book addresses issues common to southern African countries, where markets are small and concentrated, with particularly high barriers to entry, and where the resources to enforce legislation against anti-competitive conduct are limited. What is needed, the contributors argue, is an understanding of competition and regional integration as part of an inclusive growth agenda for Africa.
By examining competition and regulation in a single framework, and viewing this within the southern African experience, this volume adds new perspectives to the global competition literature. It is an essential reference tool and will be of great interest to policymakers and regulators, as well as the rapidly growing ecosystem of legal practitioners and economists engaged in the field.
Trade ReviewI enthusiastically recommend this book to scholars and practitioners. It reflects a good deal of original empirical work and it makes a great contribution in an undeveloped space."" — Eleanor Fox, Walter Derenberg Professor of Trade Regulation, New York University School of Law
""This is a timely and important addition to the competition literature and makes a significant contribution to the development of competition policy in the southern African region and beyond."" — PJ Sutherland, Professor, Law Faculty, Mercantile Law Department, University of Stellenbosch
Table of ContentsAcknowledgementsList of tables, figures and boxesAcronyms and abbreviationsIntroductionThe development of competition and regulation in southern Africa — Jonathan Klaaren, Simon Roberts and Imraan ValodiaCartel Law EnforcementChapter 1 Penalties and settlements for South African cartels: An economic review — Tapera Muzata, Simon Roberts and Thando VilakaziChapter 2 Cartel likelihood, duration and deterrence in South Africa — Ratshidaho MaphwanyaChapter 3 Cartel enforcement in the southern African neighbourhood — Thula KairaIssues in Competition and RegulationChapter 4 Excessive pricing under the spotlight: What is a competitive price? — Reena das Nair and Pamela MondliwaChapter 5 Competition and regulation interface in energy, telecommunications and transport in South Africa — Reena das Nair and Simon RobertsCompetition and Regulation in Reshaping African MarketsChapter 6 How multinational investments in grain trading are reshaping Zambia’s market — Nicholas J. Sitko and Brian ChisangaChapter 7 Competition and incumbency in South Africa’s liquid fuel value chain — Anthea Paelo, Genna Robb and Thando VilakaziChapter 8 South Africa’s renewable energy experience: Inclusive growth lessons — Gaylor Montmasson-Clair and Reena das NairChapter 9 Competition and regulation in Zimbabwe’s emerging mobile payments markets — Genna Robb, Isaac Tausha and Thando VilakaziChapter 10 Evaluating the competitiveness of Zimbabwe’s poultry industry — Tatenda ZengeniConclusionChapter 11 Competition, regional integration and inclusive growth in Africa: A research agenda — Simon Roberts, Thando Vilakazi and Witness SimbanegaviContributor biographiesIndex
