South Africa's Minister of Economic Development Ebrahim Patel. FILE PHOTO: ANA
PARLIAMENT - South Africa's competition authorities will probe 100 cases of cartel conduct in the financial year ahead, Economic Development Minister Ebrahim Patel said on Thursday.

Delivering his budget vote speech, Patel outlined current and future market inquiries to be done by the Competition Commission.

"I expect to receive and table in Parliament this year, the outcome of three very significant market inquiries into private healthcare, into grocery retail, which of course includes shopping malls and spaza shops, and into communication data costs," he said.

In addition, the competition authorities would consider around 400 mergers, and take on two more cases of possible market abuse by "dominant firms in the economy".

- African News Agency (ANA)