More freedom for small business when Patel eases anti-collusion rules

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Nigeria News News

Exemption to competition rules will allow businesses to co-operate on bulk deals and pricing

Small and medium-sized enterprises will be allowed to work together to negotiate collective purchasing deals with larger suppliers, and to collaborate on pricing and production agreements in terms of a new block exemption from the anti-collusion provisions of SA’s competition legislation.

Trade, industry & competition minister Ebrahim Patel said on Wednesday that the block exemption had been gazetted for public comment. He was speaking at the opening of the annual competition law, economics and policy conference hosted by SA’s competition authorities in Johannesburg. The conference, in its 16th year, was the first to be held in person since 2019...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met JamesAlderson0 and started Bitcoin trading, I earned R800,000 in 3 weeks thanks JamesAlderson0

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 NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Ebrahim Patel to allow small companies to collaborateCompetition policy has had a particular focus in recent years on curbing the power of large firms in an effort to try open up markets to smaller ones 🔒
Source: BDliveSA - 🏆 12. / 63 Read more »