Overreach? New rules for Google, Takealot and online car sellers questioned, but also welcomed | Business

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The Competition Commission has finally released a range of remedial actions against online giants aimed at helping smaller businesses compete. | News24_Business

This is the view of some analysts, who questioned parts of a Competition Commission's report on Monday that, for example, called for SA's largest ecommerce site, Takealot, to segregate two of its divisions to avoid a conflict of interests. This would mean separate executive teams and the body, which was dictating how companies structure their management, may even find itself the subject of a challenge because of this.

At the same time, some of the recommendations are necessary to encourage greater competition and should be welcomed as necessary tools to encourage it, analysts said.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

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SA watchdog hits Google, Takealot and Uber with new demands | BusinessSA's competition watchdog has demanded that Google, Uber Eats, Takealot and Apple take a range of steps to encourage competition from smaller companies. | News24_Business
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