For IDRC/ICN Conference
Date
2011
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Abstract
The paper examines competition culture as it applies to South Africa in terms of its political environment and the African National Congress (ANC), and as relative to other countries. Whereas in the US, the high regard for competition is rooted in populism and regard for individual liberty and enterprise, in Germany it represents a core pillar of the grand compromise between capitalism and society. The paper concludes that competition law and policy should ideally be administered by the treasury, which is inherently less interest-group driven than a trade and commerce or economic development ministry.
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COMPETITION, LAW, COMPETITION LAW, TRADE AGREEMENTS, MARKET ECONOMY, INDUSTRIAL POLICY, BUSINESS ENVIRONMENT REFORM, SOUTH AFRICA, SOUTH OF SAHARA, BUSINESS ENVIRONMENT REFORM