1 impact assessment study of competition policy and law the food sector in south africa final report january 2006 authors dr nicola theron1 rachel jafta wimpie boshoff prof philip sutherland2 & anita moolman theron mr department economics university stellenbosch 2 sutherland ms mercantile executive summary this has been commissioned by trade industry as part a wider that aims to assess over five year period measured against objectives set out act 89 1998 will specifically consider new legislation on structure according terms reference an effective regulatory framework generally contains three sets instruments prohibitions business conduct substantially lessens market such abuse dominant position agreements restrict prices output etc evaluation prohibition anti competitive mergers 3 advocacy laws policies regulations negatively
