Competition Authority gains teeth
Friday, November 11, 2011
Gazetted on October 14, the regulations complete the full powers and mandate of the Authority under its enabling Act, a development long awaited by local business players who have complained of entrenched anti-competitive trends in industry.
Within the Authority's arsenal include the right to enter and search premises in pursuit of suspected price fixing, division of markets by allocating consumers and bid rigging.
As many wondered what wrong the young boy could have done to end up killed, it emerged that his own cousin was a suspect in the murder after he claimed P50,000 from Botswana Life. Thato Tsametse, who was last week sentenced to death for the murder of his cousin, had reportedly taken out two Mmoloki Funeral Covers valued at P25,000 each.Over the years, the media has been covering the murder case, and some revelation has come up that certain...