CA advised to keep hawk-eye on social media disruptions
Wednesday, December 20, 2017
Close watch: Innovative disruptions like social media platforms may overtime become big and monopolistic
According to University of Botswana (UB) senior lecturer in the Department of Economics, Obonye Galebotswe, innovative disruptions like social media platforms may overtime become big and monopolistic and behave in an anti competitive manner whilst making anti competitive mergers.
Speaking at a recent panel discussion under the theme, ‘Competition and Disruption’ to celebrate World Competition Day, Galebotswe said social media platforms can present challenges in defining the markets as well noting that the disruption happens when incumbent mainstream customers start taking up the start ups products or services in volumes.
It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...