Transcription of 2012/13 ANNUAL REPORT
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2012/13 ANNUAL REPORT
2012 /13 ANNUAL REPORT . competitioncommission south africa The Nautilus In its 14 years of existence, the South African competition regime has been The Nautilus has been replicating itself for 500 million years. The spiral is a common recognised globally as a successful model for adopting and implementing new element of all natural development and tends to follow the Golden Ratio (Phi) in its competition legislation. This includes favourable peer review by the Organisation rates of expansion. The key to Sacred Geometry is the relationship between the for Economic Co-operation and Development and positive reviews of the work progression of growth and proportion. Beginning with a small single square, (one of the authorities in the international literature on competition policy in emerging unit per side), continue adding larger and larger squares in a counterclockwise jurisdictions. direction using the following number sequence: 1, 1, 2, 3, 5, 8, as illustrated.
Background information In 1998, a new framework for competition regulation was established by the democratic government of South Africa. The Competition Act of 1998
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