National Competition Policy

National Competition Policy is a framework designed to promote fair and open economic markets by preventing anti-competitive practices, such as monopolies and collusion. It aims to encourage efficient business behavior, lower prices, and improve service quality for consumers. The policy sets out rules for government regulation and promotes competition among businesses, ensuring that no single company can unfairly dominate markets. Overall, it seeks to foster a healthy economy where businesses compete fairly, consumers have more choices, and resources are used efficiently.