At first glance, it might seem futile: the Competition Commission wants to control global tech giants like Google and Apple, as well as Airbnb and booking.com because of their allegedly uncompetitive behaviour. It also wants to rein in local online-based businesses, including takealot.com, Uber Eats, Mr Delivery, Property 24, Private Property, Auto Trade and cars.co.za…
At first glance, it might seem futile: the Competition Commission wants to control global tech giants like Google and Apple, as well as Airbnb and booking.com because of their allegedly uncompetitive behaviour.
It also wants to rein in local online-based businesses, including takealot.com, Uber Eats, Mr Delivery, Property 24, Private Property, Auto Trade and cars.co.za because it believes they penalise smaller competitors.
Trying to control capitalism and manipulate market forces is always going to be difficult and leave you open to accusations that you are some kind of a socialist and are discouraging investment.
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