successfulness of the Competition policy in South Africa support your argument by means of 5 examples ​

Five examples that support the argument are mentioned below:

- To promote the competition in the South African market and to maintain it the competition Act was implemented in the South Africa.

- Development economic efficiency and adaptability were promoted by this act.

- Five examples that support successfulness of the competition policy of South Africa are:

1) The product choices along with its competitive prices were provided to the consumers.

2) Practices such as horizontal collusion and resale price maintenance was declared unlawful in 1984.

3) Prevention of monopoly growth was the aim of the competition policy act.

4) Countries monopolies and markets were regulated by the help of this structure.

5) It benefited all the South Africans either by providing employment and by participation of small and medium enterprises balancing the act through ownership economic transformation.

Explanation:

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experiments.

surveys.

questionnaires.

interviews.

case studies.

participant and non-participant observation.

observational trials.

studies using the delphi method.

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