Acts Online
GT Shield

Competition Act, 1998 (Act No. 89 of 1998)

Regulations

Buyer Power Regulations, 2020

4. Determination of unfair price

 

Factors and  benchmarks for determining  the  unfairness  of the  price include the following:

 

(a) The prices paid to other suppliers of like goods or services, in particular those outside the designated class, and whether such prices are higher;
(b) the magnitude of any differences in prices to other suppliers of like goods or services;
(c) whether reductions in the existing purchasing price are directly or indirectly required from, or imposed on, the supplier;
(d) whether reductions to an existing purchasing price are retrospective, unilateral or unreasonable;
(e) whether costs are directly or indirectly imposed on or required from the supplier which reduce the net price received by the supplier; or
(f) whether  the direct or undirect imposition or requirement of costs is retrospective, unilateral or unreasonable.