What is the difference between a competition and a commission?
Answer: The Competition Authority is the investigative arm on competition matters, while the Competition Commission is the adjudicative arm. The Competition Commission also serves as the Board of the Authority.
Who are SAA competitors?
South African Airways’s top competitors include Virgin Atlantic Airways, Vienna Airport, Air France KLM and Heathrow Airport. South African Airways (SAA) is an airline provider that offers flights to and from South Africa. Virgin Atlantic Airways offers air transportation services.
Is SAA a monopoly?
Private airlines were limited to operating on secondary routes, leaving SAA with a monopoly on the primary routes. By 2017 SAA’s domestic market share has declined from 98% to about 23%.
How competitors are benefiting from the SAA strike?
The competitors are benefited from the SAA strike through the inability of the organization to pay high for the employees who are indulged in the strike activities. Explanation: SAA strike was initially started in South Africa where the employees went with a striking activity of a rise in the wages of the employees.
What is the main function of the competition Commission?
To achieve its purpose, the Commission’s core functions are the following: implement measures to increase market transparency; implement measures to develop public awareness of the provisions of the Act; investigate and evaluate alleged anti-competitive conduct; conduct formal inquiry in respect of the general state of …
What is a commission fee?
What Is a Commission? A commission is a service charge assessed by a broker or investment advisor for providing investment advice or handling purchases and sales of securities for a client. A fee-based advisor charges a flat rate for managing a client’s money.
Is South African airlines out of business?
SAA was placed under administration in December 2019, and its long-standing financial woes worsened during the COVID-19 pandemic. All operations were mothballed in September 2020.
Is SAA flying to South Africa?
Flights to South Africa & Beyond – South African Airways.
Why is Denel a monopoly?
Denel can at present, without doubt, be regarded as a public monopoly. The absence of competition can thus induce the monopolist to decrease production and so to increase prices.
Which companies are state owned in South Africa?
List
| Name | Industry | Ownership type |
|---|---|---|
| Sasol | Energy | 27.3% government owned |
| Sentech | Telecommunications | Fully government owned |
| South African Airways | Transport | Fully government owned |
| South African Broadcasting Corporation | Broadcasting | Fully government owned |
What is the aim of competition policy?
The primary objective of competition policy is to enhance consumer welfare by promoting competition and controlling practices that could restrict it. More competitive markets lead to lower prices for consumers, more entry and new investment, enhanced product variety and quality, and more innovation.
What is the role of competition?
Competition has a positive impact, not only on the well being of consumers, but also on a country’s economy as a whole. Competition bolsters the productivity and international competitiveness of the business sector and promotes dynamic markets and economic growth.
Why did the Competition Commission refer to SAA?
The Commission brings this complaint referral pursuant to a complaint brought by the Nationwide Airlines Group (“Nationwide”) a domestic rival of SAA. 1 The Commission alleges that the incentives constitute an abuse of dominance designed to exclude or impede SAA’s rivals in the domestic airline market.
Who is the complainant in the Competition Commission?
The Competition Commission Complainant and South African Airways (Pty) Ltd Respondent This case concerns the legality of two incentive schemes, which the respondent, South African Airways (Pty) Ltd (“SAA”), the country’s largest domestic airline, has with travel agents.
Who is the respondent in the SAA case?
This case concerns the legality of two incentive schemes, which the respondent, South African Airways (Pty) Ltd (“SAA”), the country’s largest domestic airline, has with travel agents.
What was the complaint against South African Airways?
On 13 October 2000 Nationwide lodged a complaint with the Competition Commission against SAA. 2 In brief the complaint alleged that SAA was trying to exclude it from the domestic airline market by engaging in a number of practices that were prohibited under the Competition Act (the ‘Act’).
