The Competition Commission South Africa
Asanda Ntunta is an experienced analyst currently working at The Competition Commission South Africa since April 2022, focusing on managing investigations related to the Competition Act and reviewing exemption applications. Previously, Asanda held the position of Junior Analyst at the same organization, contributing to similar responsibilities. Prior experience includes serving as a researcher at the Human Sciences Research Council, where economic research was conducted and key informant interviews facilitated. Asanda has also worked as an economist at the National Treasury of South Africa, involved in policy research. Educational qualifications include a Master’s degree in Economics from the University of the Western Cape, as well as coursework and an Honours degree in Economics from Stellenbosch University and the University of the Western Cape, respectively.
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The Competition Commission South Africa
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The Competition Commission has a range of functions in terms of Section 21 of the Competition Act. These include investigating anti-competitive conduct in contravention of the Chapter 2 of the Act; assessing the impact of mergers and acquisitions on competition and taking appropriate action; monitoring competition levels and market transparency in the economy; identifying impediments to competition and playing an advocacy role in addressing these impediments. Anti-competitive conduct, whether through price-fixing, information exchange or the abuse of a dominant position, has adverse effects on both consumers and the economy. Consumers are deprived of low prices and product choice. The overall economic effect would be a slow or negative economic growth rate, as companies become lazy to compete and innovate. The Commission balances issues related to consumer welfare with the broader social and economic goals outlined in the Competition Act, such as employment, international competitiveness, efficiency and technology gains, as well as the ability of small and medium sized businesses and firms owned or controlled by historically disadvantaged persons to compete. In order to ensure the consistent application of the Act across sectors, the Commission may negotiate agreements with other regulatory authorities, participate in their proceedings and advise, or receive advice from, any regulatory authority. The Commission is independent but its decisions may be appealed to the Competition Tribunal and the Competition Appeal Court. Commissioner, Tembinkosi Bonakele, is the Chief Executive Officer of the Commission and is responsible for the general administration of the Commission and for carrying out any function assigned to it in terms of the Competition Act. The two Acting Deputy Commissioners, Hardin Ratshisusu and Oliver Josie, assist the Commissioner in carrying out the functions of the Commission.