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| | Proposed Guidelines for Competition Policy |
 | | Competitiveness, in the first place, means that we must optimise production and distribution efficiencies - including appropriate production processes and technological innovation - through effective economic and commercial interactions, including supply and demand, unhindered by anti-competitive conduct. |
 | | Competition policy can assist competitiveness by identifying those aspects that harm consumer welfare, add unnecessary costs, entail anti-competitive practices, or distort the economy. |
 | | Improved utilisation of capacity and resources, the promotion of research and development, minimising the loss of employment opportunities, the rescuing of a failing company, enhancing the international competitiveness of domestic enterprises, and improvements in the country's balance of payment position are the public interest benefits cited most often by parties seeking clearance for a transaction. |
| www.polity.org.za /govdocs/policy/competition.html |
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