The Nature and Use of Economic Evidence in Competition Enforcement (with Special Emphasis to the Case of South Africa)
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There is a move towards economic based decision making by competition authorities. This chapter discusses the nature and use of economic evidence in BRICS member countries, with a particular focus on South Africa. BRICS represents countries with similar economic features characterised by, among other things, emerging economies, high concentration levels, high barriers to entry and have experienced or are experiencing transition in their economies. They also face social challenges. Their experience in the use of economic evidence has a lot of similarities but also lessons for each other and the rest of the world, especially developing countries.
KeywordsEconomic evidence BRICS Economic expertise Emerging markets Dominance
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