New rules rattle online retailers as watchdog acts for small business

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

The recommendations are to ensure digital competition is fair and smaller businesses can compete online

Twenty-five months after initiating an inquiry into websites and search engines, the Competition Commission has made far-reaching recommendations to ensure small businesses can compete in the online retail economy. But it has backtracked on many of the initial measures targeting foreign firms such as Apple, Google and Booking.com.

Naspers-owned Takealot, one of the biggest e-commerce platforms locally, seems to have borne the brunt of the commission’s ire, having been told to separate third-party sales from its own retail division. Splitting the businesses would remove what inquiry chair and economist James Hodge described as “a conflict of interest” presented by its hybrid platform model....

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Bid to interdict Eskom's new grid rules fails | BusinessRenewable energy company G7 has failed to interdict Eskom from applying its new grid access rules. | politicsblahbla
La source: News24 - 🏆 4. / 80 Lire la suite »