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A History of Collusion: The Persistence of Cartels in South Africa

  • Liberty MncubeEmail author
  • Sunél GrimbeekEmail author
Chapter
  • 660 Downloads
Part of the International Law and Economics book series (ILEC)

Abstract

This chapter discusses the persistence of cartels in South Africa. In 1996, South Africa’s first democratic administration took significant steps to liberalize many of the formerly price regulated markets. Deregulation and liberalisation led to the break-up of regulated cartels. We argue in this chapter that liberalisation may have inadvertently, by increasing competition in formerly protected markets, have increased the incentives for firms to participate in cartels.

Keywords

History of collusion Liberalisation of regulated markets Firm incentives 

References

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Copyright information

© Springer International Publishing Switzerland 2016

Authors and Affiliations

  1. 1.Competition Commission South AfricaPretoriaSouth Africa

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