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Brian Benfield's avatar

Well done Mr Mthembu,

One might add that what has become known as the Anti-Competition Commission should not have anything in its mind nor any powers at all that relate to matters other than competitive behaviour . That is behaviour in markets that keeps prices down and supply plentiful.

Stipulating BBBEE shareholding and Attempting for example, to prevent firms that are merging with others from reducing future staff compliments, does not serve to reduce prices nor increase nor maintain levels of competition. On the contrary, requirements of such nature serve only to maintain or increase prices. Hence one of several reasons for the anti-competition tag!

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