TIM COHEN: Changes to competition law will achieve the opposite of intended effect

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TIM COHEN: Changes to competition law will achieve the opposite of intended effect 🔒

 

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Big firms to swallow the ‘bitter pill of competition’ as new bill is signedAs he signed into law the competition amendment bill today, President Cyril Ramaphosa took aim at monopoly companies, saying that they will have to swallow the bitter pill of competition that will now begin to take shape in the economy by SthembileCel SthembileCel was this pointed dagger toward the SOE's? SthembileCel “If you have looked if you travel around the country you always see the same names coming up over and over again,” - Ramaphosa' So let's define the biggest monopoly of them all with a 100% failure rate: Government entities, government protection and government interference.
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