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Erwin delays policy revamp
COMPETITION RULES
TRADE and industry minister Alec Erwin surprised observers on Friday when he announced a further delay in revamping the country's competition policy. Erwin revealed that he was further behind than he had hoped, but expected to present a working document to the National Economic, Development and Labour Council in late May or June. If targets were met, the draft Bill would be ready for parliament next year. The Bill would be drafted by a team, "solely picked by me", once Nedlac had reached consensus on policy frameworks. He said if the actual competition law was going to achieve some its objectives it would have to be located within a wider set of legislative instruments. "I hope to table the working document before Nedlac either in late May or early June," Erwin said.
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