2.6.1 The institution that imposes fines on companies guilty of collusion is the Competition Tribunal.

2.6.1 The institution that imposes fines on companies guilty of collusion is the Competition Tribunal.

2.6.2 The role of the Competition Appeal Court is to hear appeals against decisions made by the Competition Tribunal.

2.6.3 One aim of the competition policy is to promote competition in the South African economy.

2.6.4 Competition in the market benefits the consumer by leading to lower prices for goods and services, improved quality, and greater choice.

2.6.5 The competition policy of South Africa has been successful in deterring anti-competitive practices such as collusion, as evidenced by the heavy fines and new criminal sanctions for individuals. It has also contributed to fostering a more competitive and efficient market in the country.