Anti-Dumping, Competition, Consumers, Domestic Industry, Investment, Divestment, Protection, Tariffs
Since the dawn of democracy South Africa has embarked in a process of dismantling protectionist business and trade policies, and made the countryâ€™s stream of commerce one of the preferred globally. The countryâ€™s sound competition and trade policies, natural resource endowments, market size and regional influence, attracted foreign businesss and foreign direct invetsment (FDI). Equally the country has been under pressure to protect the domestic industries from injurious competition and business, through sector specific laws, anti-dumping and countervailing duties laws, investment and competition regime. The concern has been the likilelihood of the introduction of trade and competition barriers, and the allienation of FDI. This paper critically examines the impact the countryâ€™s antidumping and competition law and practice upon foreign direct investment. Domestic industries have never been shy to file anti-dumping and anti-competition suits against foreign companies, sometimes even when there might be a public outcry. Relevant examples of these suits include the famous Wal-Mart anti-competition case, and recently the Brazilian frozen fowl meat anti-dumping case.
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