Free Market Foundation legal researcher Zakhele Mthembu said the Competition Commission’s findings on Takealot’s anti-competitive behaviour will affect not only the online retailer but also South African consumers. on Naspers’ local eCommerce powerhouse, Takealot.
He referred to the Competition Commission’s findings as “destructive interference” in South Africa’s eCommerce market that will have far-reaching consequences. “That would definitely have an effect on revenue and subsequently a downstream effect on the size of the eCommerce sector, which is one of the few successful South African industries that we still have left given the horrible state of our economy,” he said.
“The government should reduce the amount of regulations that it has on businesses because that will have a direct downstream effect on those costs for complying with those regulations being passed down to consumers.”
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