Takealot defends business model at competition hearings

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Business News News

Accused of anti-competitive practices, the company says it is dealing with service-related issues on its platform

Naspers-owned Takealot vowed to deal with service-related issues on its platform during an inquiry into e-commerce competition in SA, after allegations by regulators that it had intimidated small businesses using its platforms to trade.

The Competition Commission is holding public hearings for its online intermediation platforms market inquiry, which seeks to explore the structure of the e-commerce market in SA. The panel has heard submissions from players such as Google, Huawei and Samsung, as well as UberEats, Bolt and Mr D Food...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nine companies refuse to be joined in bank forex trading caseThe Competition Commission has accused various banks of colluding to fix prices
Source: BDliveSA - 🏆 12. / 63 Read more »