Competition can still be effective in the midst of business closures
Monday, March 26, 2018
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.
The fees have been doubled from the previous amounts and raise concerns about political participation accessibility and democratic representation principles.This significant fee increase prompts questions regarding its impact on grassroots democracy.On one hand, the fees act as a filter, ensuring only serious contenders enter the race, potentially reducing frivolous candidacies and generating crucial campaign funds. The BDP argues that aspiring...