This chapter conducts a comparative study on excessive pricing enforcement in a number of BRICS jurisdictions, with a particular focus on China and South Africa. The chapter first reviews the economic framework and analytical tools used in order to assess excessive pricing, and provides an overview of the relevant policy and enforcement trends in these jurisdictions. It then draws on recent excessive pricing cases in China and South Africa in order to compare and contrast how different competition authorities have sought to approach the issue of excessive pricing in practice. Finally, the chapter explores the role of economic development policy in shaping how excessive pricing provisions are enforced and the sectors of the economy on which enforcement is focused, and considers whether competition policy is the most appropriate tool with which to attempt to achieve particular development objectives.
America’s Job Crisis and the Role of Regional Economic Development Policy
