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Competition Appeal Court
The Competition Appeal Court is a specialist Courts of South Africa, South African court that hears appeals from the Competition Tribunal (South Africa), Competition Tribunal. The court was established by the Competition Act 89 of 1998, Competition Act 89, 1998 and has national jurisdiction in matters of South African competition law. Judges of the Competition Appeal Court are judges of the High Court of South Africa and are appointed by the President of South Africa on the advice of the Judicial Service Commission (South Africa), Judicial Service Commission. Status and composition The Competition Appeal Court was established as a court of record by Section 36 of the Competition Act, which gives it a "status similar to that of a High Court". It is sometimes considered to be a special division of the High Court. The bench is appointed for a fixed term by the President of South Africa on the advice of the Judicial Service Commission. At least three members must be judges of the H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Competition Act, 1998
Competition is a rivalry where two or more parties strive for a common goal which cannot be shared: where one's gain is the other's loss (an example of which is a zero-sum game). Competition can arise between entities such as organisms, individuals, economic and social groups, etc. The rivalry can be over attainment of any exclusive goal, including Recognition (sociology), recognition: Competition occurs in nature, between living organisms which co-exist in the same natural environment, environment. Animals compete over water supplies, food, mates, and other resource (biology), biological resources. Humans usually Survival of the fittest, compete for food and mates, though when these needs are met deep rivalries often arise over the pursuit of wealth, power, prestige, and celebrity, fame when in a static, repetitive, or unchanging environment. Competition is a major tenet of market economy, market economies and business, often associated with business competition as companies a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
