NAVIGATING NEW COMPETITION EXEMPTIONS A DOUBLE-EDGED SWORD FOR EXPORTERS, EXPERTS WARN - TIMESLIVE

While South African authorities have moved with speed to allow competitors to collaborate in promotion of exports in light of high tariffs imposed by the US, legal experts warn this does not shield local companies from foreign prosecution.

Trade, industry and competition minister Parks Tau introduced the draft block exemption for the promotion of exports on August 12, just 12 days after US President Donald Trump imposed a 30% tariff on South African goods entering the US.

Nortons Inc. experts Anthony Norton, Anton Roets and Nina Greyling together with Nicole Kar from Paul, Weiss, Rifkind, Wharton & Garrison LLP share their thoughts here... https://lnkd.in/dBJ6hbsQ