On 13 August 2021, the Competition Commission (“Commission”) issued draft guidelines on collaboration between competitors on localisation initiatives for public comment in terms of section 79(3) of the Competition Act No. 89 of 1998 (as amended) (“Act”) in Government Gazette number 44981.  In response to the economic consequences of the Covid-19 pandemic, government developed the Economic Reconstruction and Recovery Plan (“ERRP”) which maps out interventions aimed at promoting inclusive growth and employment in the domestic economy. One of the key objectives of the ERRP is increased localisation – increasing the share of total procurement of an identified input from local suppliers and decreasing the share of procurement of imports of the same input.

Related Keywords

, Competition Commission , Glocalisation Initiative , Competition Act , Government Gazette , Economic Reconstruction , Recovery Plan , போட்டி தரகு , போட்டி நாடகம் , அரசு கஸெட் , பொருளாதார புனரமைப்பு , மீட்பு திட்டம் ,