CompCom 'punishing' successful online companies - TechCentral

  • 📰 TechCentral
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 71%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

CompCom ‘punishing’ successful online companies

Foundation has accused the Competition Commission of “punishing” e-commerce companies and other online players for being successful enterprises.

The Free Market Foundation said that instead of punishing these firms, the commission should encourage growth. It should be promoting growth by cutting anti-business regulations and regulatory agencies, it added. The foundation said it will write to commission chair Doris Tshepe to voice its protest against the “misapplication of the principles that underly an open and competitive market economy”.

 

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:

 /  🏆 8. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines