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POLYMER MARKET: INPUT SOUGHT ON DRAFT TERMS OF REFERENCE
- 26 March 2024
- Trade, Industry & Competition
- SA Legal Academy
In anticipation of conducting an inquiry into the polymer market, the Competition Commission has called for input by 14 May 2024 on draft terms of reference. The intention is that the inquiry should cover the entire polymer value chain from coal and crude oil to feedstock propylene and ethylene (monomers) – and the polypropylene and polyethylene (polymers) used in manufacturing plastic pipes and packaging, among other things.
This is noting that the document points to market concentration at every level of the value chain, resulting in the high monomer and polymer prices understood to have constrained plastic conversion industry growth for many years.
The draft terms of reference are underpinned by the Commission’s prioritisation of intermediate industrial products for competition law enforcement.
- draft terms of reference
Published by SA Legal Academy Policy Watch
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