The Competition Commission has made a call for submissions in terms of its enquiry into the liquefied petroleum gas (LPG) industry, giving stakeholders until October 31 to submit their comments.
The aims and rationale of the three-phase market inquiry – the results of which the commission expected to release in March 2016 – entailed understanding and promoting competition in the local LPG sector, which generated a turnover of about R1.5-billion a year from the manufacture and sale of about 300 000 t of LPG.
“The main aims [of the inquiry are to] examine whether the supply bottlenecks in the LPG sector may serve to create circumstances or incentives that serve to distort, prevent or lessen competition, [as well as to] analyse the current price regulatory framework and its impact on competition in the sector,” the commission stated in the enquiry’s terms of reference.