South Africa: Why fresh produce markets are being probed

Published 2023년 3월 24일

Tridge summary

The South African Competition Commission is launching an 18-month investigation into the fresh produce value chain to address allegations of anti-competitive conduct. The investigation will focus on issues such as market efficiency, dynamics of key inputs, and barriers to entry, expansion, and participation. The investigation will cover all fresh produce markets in the country and will include a call for public participation. The findings and recommendations of the investigation will be binding and can be appealed to the competition tribunal.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

National fresh produce markets across the country will undergo investigation following allegations of anti-competitive conduct in South Africa’s fresh produce value chain. The investigation is led by South Africa’s Competition Commission. The Fresh Produce Market Inquiry (FPMI) will commence on 31 March and probe all fresh produce markets in the country. According to commissioner Doris Tshepe, the 18-month-long investigation will examine problems in the fresh produce value chain that make access and participation in the value chain difficult. Tshepe was addressing members of the media at the official launch of the FPMI in Tshwane, Gauteng. She believes the food and agro-processing sector makes a significant contribution to the economy and has the potential to serve as a driver of inclusive growth in the South African economy. “It is for these reasons that the commission, through the FPMI, intends to conduct an inquiry into the fresh produce value chain in order to understand its ...

Source: Foodformzansi