Competition can still be effective in the midst of business closures

Sennye Obuseng
Sennye Obuseng

SELEBI-PHIKWE: The managing director of PR Executive Consulting Sennye Obuseng has argued that competition can still be effective in the midst of unemployment and business closures.

Speaking during the just ended National Competition Conference hosted by Competition Authority Obuseng said competition is not conditioned by joblessness and business closures.

He said the closure of one firm may alter the market conditions but this only happens in exceptional circumstances. He further said that more often the firms that close shop operate in relatively competitive markets and their departure does not alter the market dynamics.

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