David Lewis, outgoing chairperson of the Competition Tribunal, took to the podium at the Neotel/Mail & Guardian Business Breakfast in Johannesburg on Wednesday morning, to give his own take on the current state of competition in South Africa, which he assesses “with some considerable concern”.
He talked about why South Africa is up to its knees in the “striking” depth and breadth of cartel conduct, the need for class action against cartels, the pervasive impact on competition of the telecommunications industry, and what is needed to make the Independent Broadcasting Authority of South Africa a more powerful regulator.
Read David Lewis’s full speech