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Presentation to Parliament’s Portfolio Committee of Economic Development

Annual Report 2011/2012. Presentation to Parliament’s Portfolio Committee of Economic Development Commissioner Shan Ramburuth 20 November 2012. The Commission. Mandate Prosecution of anti-competitive conduct Preventing concentration through merger control

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Presentation to Parliament’s Portfolio Committee of Economic Development

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  1. Annual Report 2011/2012 Presentation to Parliament’s Portfolio Committee of Economic Development Commissioner Shan Ramburuth 20 November 2012

  2. The Commission • Mandate • Prosecution of anti-competitive conduct • Preventing concentration through merger control • Advocacy for pro-competitive conduct, regulation and policy • Strategic Objectives • Achieve demonstrable competitive outcomes in the economy through prioritisation of sectors and cases • Enhance competitive environment for economic activity through strategic partnership, engagement, dialogue and advocacy • Realise a high performance competition regulatory agency

  3. Enforcement cases under investigation, by year * * Does not include fast-track cases

  4. Cases referred to the Competition Tribunal

  5. Cases heard by the Competition Tribunal

  6. Cases taken on appeal

  7. Construction fast-track drives CLP applications

  8. Administrative penalties levied

  9. Admin penalties levied (Continued…)

  10. Admin penalties levied

  11. Construction fast-track • Invitation to construction firms to disclose bid-rigging conduct in return for lower penalties • Applications received from 21 firms, including top five construction firms • 301 projects rigged, including Soccer World Cup stadiums and Gauteng Freeway Improvement Project • 24 other firms that did not apply for settlement are implicated • Estimated value of all projects and tenders is R29 billion • Settlement negotiations to commence in mid 2012/13 financial year

  12. Exemption Applications • Six applications considered • SAA / Star Alliance

  13. Increasingly complex mergers

  14. ... Merger decisions

  15. ... Conditions attached to mergers

  16. .. Merger prohibited

  17. Stakeholder relations

  18. Staff complement

  19. Staff profile Gender Race

  20. Staff training Total number of employees trained* Note: Total amount spent on training = R2m * Numbers may exceed staff complement as some employees attended multiple training interventions

  21. , Corporate governance • Meetings • 47 Commission and 17 Exco • 5 audit committee • 6 Risk Committee • No material breakdown in the functioning of internal financial controls and systems • Compliance with legislation: • Quarterly reports, monthly expenditure reports, annual performance plan, strategic plan and budget for the five-year period • Annual training report and workplace skills plan • Skills grant received was R400 113 • Unqualified audit opinion • Compliance with relevant Supply Chain Management Regulations not effective

  22. Financial performance review

  23. THANK YOU

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