South Africa’s competition authorities who ensure that companies are playing according to the Competition Act’s rules may not be able to step in on the issue of the county’s private healthcare sector’s concentrated market.
In a recent inquiry published by the Competition Commission of South Africa (CCSA), it was revealed that there are three major players who basically own South Africa’s private healthcare sector. Moreover, it was discovered that all three of these companies share a common ownership
In other instances, this would be deemed as a contravention of the Competition Act, which promotes free-market share and fair competition but only in the case where there are signs of collusion and abuse of dominance. ….more