A view on the treatment of collusive and restrictive practices in competition policy
South African Journal of Economic and Management Sciences
| Field | Value | |
| Title | A view on the treatment of collusive and restrictive practices in competition policy | |
| Creator | Reekie, W. D. | |
| Description | South African competition policy is in a state of flux. While professing to serve so-called national interest, legislation has tended to overlook the principles of economic efficiency and consumer welfare. The South African National Drug policy is a case in point. The best defence against collusion and restrictive practices in business is competition, but the Department of Health favours blanket rules like uniform pricing and a fixed fee-for-service. Thus supermarkets may not employ dispensing pharmacists, and uniform price legislation would make it illegal to negotiate discounts on prescription medicines with retailers. As a rule consumers are the losers. Many fallacies are contained in the debate on the "right" competition policy for South Africa. For example, a firm may appear big simply because the domestic market is small. | |
| Publisher | AOSIS Publishing | |
| Date | 1998-03-31 | |
| Identifier | 10.4102/sajems.v1i1.1824 | |
| Source | South African Journal of Economic and Management Sciences; Vol 1, No 1 (1998); 8-35 2222-3436 1015-8812 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajems.org/index.php/sajems/article/view/1824/689
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