'Competition policy can help reduce inequality'

Prof Liberty Mncube, Honorary Professor in the Department and Chief Economist of the South African Competition Commission (see www.compcom.co.za), visited the Department from 30 to 31 August. Prof Mncube interacted extensively with students. He presented a lecture to the graduate class in industrial organisation, during which he shared his experience in South African merger analysis. He also presented a guest lecture to third-year students in competition policy. The feedback from students following these lectures has been very positive. Prof Mncube’s visit culminated in his annual special lecture on Wednesday evening, during which he discussed the balance between inclusive economic growth and competition. He noted that 'competition policy is an essential tool in reducing inequality'. The Department is proud of our strong ties with the South African competition authorities, building on our reputation as a Department with a strong policy impact.