Dominance of Takealot among issues to be investigated by Competition Commission

Asia's Tech News Daily

© Provided by CapeTalk

The Covid-19 pandemic gave a huge boost to e-commerce and focused attention on the question of fair competition online.

In May, the Competition Commission launched its online market inquiry, officially known as the Online Intermediation Platforms Market Inquiry (OIPMI).

Virtual public hearings are set to take place from 2-19 November 2021.

RELATED: Takealot, UberEats… Competition Commission launches inquiry

A wide range of services are being looked at including online channels for shopping, food delivery, booking travel accommodation and research before big purchases like cars or homes.

Companies to be questioned include Takealot, Airbnb, Mr D and Uber Eats.

© Provided by CapeTalk Takealot. © monticello/

The Commission specifically singled out Takealot as an important focus because of its share of the local ecommerce sector and the dual role it plays as an online marketplace and a seller of products, reports MyBroadband.

“The purpose was to ensure that consumers and businesses that use online platforms to reach consumers benefit from competition amongst online platforms, and that small and historically disadvantaged business also get to participate fairly in the online economy” says the Commission.

Bruce Whitfield interviews James Hodge, Chief Economist at the Competition Commission.

We launched the inquiry… on the back of a very rapid acceleration in our online economy following Covid.

James Hodge, Chief Economist – Competition Commission

What we’ve seen globally is many competition authorities are concerned that they’ve acted far too late and now face these almost entrenched monopolies in many lines of business, so this was partly a pro-active measure…

James Hodge, Chief Economist – Competition Commission

… to understand how the South African market is evolving. And it’s beyond e-commerce, it’s also looking at delivery, at online classifieds, app stores and travel accommodation search and booking…

James Hodge, Chief Economist – Competition Commission

We want to assess if we have the conditions in place that this will remain competitive, because having platforms compete and new ones emerge that may innovate… is all part of ensuring that consumers get the benefit of the online economy and online innovation.

James Hodge, Chief Economist – Competition Commission

The flipside of that is that the businesses that use them do [benefit] too.

James Hodge, Chief Economist – Competition Commission

For more detail on the Competition Commission’s approach, listen to the interview below:

Internet Explorer Channel Network
Asia's Tech News Daily
News Related


Penguin Palooza helps to raise awareness about the endangered African penguin

© Provided by CapeTalk SANCCOB (Southern African Foundation for the Conservation of Coastal Birds) and CapeNature hosted a virtual celebration of the sixth annual Penguin Palooza on Saturday, 4 December. ... Read more »

Virgil Abloh's trailblazing success showed way for black designers

© Provided by Independent Online (IOL) BY Robin Givhan The greatest gift that designer Virgil Abloh gave the fashion industry was his presence on the world stage in the most ... Read more »

Mercedes-Benz G500 4x4² by BRABUS: mira de lo que es capaz

Brabus 850 6.0 Biturbo 4×4 Final Edition Mercedes-Benz Clase G Brabus 850 6.0 Biturbo 4×4 Final Edition Mercedes-Benz Clase G Brabus 850 6.0 Biturbo 4×4 Final Edition Mercedes-Benz Clase G ... Read more »

EFC Fight Night: When Manel Kape's right knee catches you, you will do more than 'play possum'

© Provided by Independent Online (IOL) Cape Town – Angola’s Manel Kape says that his spectacular win over Jamaica’s Ode’ Omaani Osbourne at UFC 265 went exactly as planned. Manel ... Read more »

Shock as Klopp compares ‘insane' Liverpool man he would sign at ‘any other club' to Lewandowski

© PA Images Jurgen Klopp Liverpool September 2021 Jurgen Klopp has said that he has loved watching Nathaniel Phillips’ remarkable development at Liverpool and even put the defender in a ... Read more »

Ajaz Patel joins elite club as he bags all ten wickets in India's first innings

© PA Images Ajaz-Patel Black Caps spinner Ajaz Patel claimed all ten wickets in the first innings of the second Test against India, becoming only the third bowler in cricket ... Read more »

10 fun UK learning holidays that make perfect Christmas presents

These courses run year-round and last for a maximum of a day unless otherwise stated. As most aren’t residential, we have suggested nearby accommodation and dining options Winter skills in ... Read more »

Rob Baxter keen to move on from Sarries' salary cap saga

© PA Images Sale v Exeter Chiefs – Gallagher Premiership – AJ Bell Stadium Exeter Chiefs director of rugby Rob Baxter said Saracens have served their punishment ahead of the ... Read more »

One in, one out as Pep Guardiola looks at serious upgrade in key Man City area

© PA Images Ferran Torres, Theo Hernandez Spain v France Manchester City boss Pep Guardiola is planning to beef up his attack in 2022 – but his hopes of a ... Read more »

Like it or not Cristiano Ronaldo, Lionel Messi was top dog for the Ballon d'Or in 2021

© Provided by Independent Online (IOL) Cape Town – Cristiano Ronaldo wears the No 7 but it is Lionel Messi who now has seven Ballon d’Or titles – the most ... Read more »

NPA has ‘no intention' of prosecuting murderers of Cradock Four: Foundation

© EWN FILE: National Prosecuting Authority offices in Pretoria. JOHANNESBURG – The Fort Calata Foundation says the National Prosecuting Authority (NPA) has no intention of prosecuting the surviving suspected murderers ... Read more »

This is the story about the award-winning podcast 'Guardians of the River'

© Provided by CapeTalk The award-winning podcast series sheds light on the threats facing the Okavango Delta The eight part documentary podcast has won multiple awards including a Jackson Wild ... Read more »

Like it or not Cristiano Ronaldo, Lionel Messi was top dog in for the Ballon d'Or in 2021

© Provided by Independent Online (IOL) Cape Town – Cristiano Ronaldo wears the No 7 but it is Lionel Messi who now has seven Ballon d’Or titles – the most ... Read more »

Justin Langer still haunted by Ben Stokes' Headingley heroics but welcomes his return

© PA Images Ben.Stokes.England.South_.Africa.PA_.000 Australia head coach Justin Langer admits he still has “nightmares” about Ben Stokes’ Headingley heroics in 2019, but is glad to see him back for another ... Read more »

Seven killed in Eastern Cape horror crash

©|&medi… Image: © Alexey Stiop / JOHANNESBURG – Seven people have died in a road crash in the Eastern Cape. It’s understood a taxi overturned on the R61 between ... Read more »

PICTURE: New Royal AM fan Mama Joy FINALLY meets MaMkhize!

© Provided by The South African Mama-Joy-1 Newly recruited Royal AM fan Mama Joy Chauke has FINALLY met club boss Shauwn ‘MaMkhize’ Mkhize. READ | PSL SPONSOR LISTS KAIZER CHIEFS ... Read more »

The best Christmas dinner alternatives in London including Delhi-wala chicken and Goan roast duck vindaloo

For those keen to take a break from steaming Brussels sprouts this year, there are several venues in London serving up traditional and less conventional Christmas dinners. Venues around the ... Read more »

Corvette Marketing Manager Drops Hints On Z06 Base Price

© Copyright 2023 Chevrolet Corvette Z06 Front View Too high? Surprisingly low? Just right? When Chevrolet launched the all-new Corvette Z06 back in October, it marked the first-ever mid-engined ... Read more »

Leclerc moves into the Hamilton camp ahead of Jeddah race

© PA Images Charles Leclerc and George Russell speaking. Qatar November 2021 Having initially backed Max Verstappen, Charles Leclerc says Lewis Hamilton’s epic Sao Paulo GP drive had given him ... Read more »

Omicron: Mideast countries prepare for the new coronavirus variant

© Provided by Israel has been among the first to close down airports for international passengers This week most Middle Eastern countries reacted in one way or the other ... Read more »

Rangnick orders Man Utd raid for ex-Championship boss he thinks is one of ‘most talented'

© PA Images New York Red Bulls manager Gerhard Struber claps his players, May 2021 New interim Manchester United manager Ralf Rangnick wants to make former Barnsley boss Gerhard Struber ... Read more »

Paper Talk: Rangnick identifies four defenders as Man Utd targets to fix problem position; Newcastle eye Bielsa fancy

© Provided by Teamtalk Sven Botman celebrates with Burak Yilmaz as Lille score against Lyon in April 2021 Manchester United are considering moves for four defenders in January as Ralf ... Read more »

Experts Reveal How Many Steps You Need to Take in a Day to Lose Weight

Whether you track your steps with a wearable fitness tracker or through your phone, knowing how much you've walked in a day can be an extremely useful tool for weight ... Read more »

‘Don't shop as if you are under siege': how to avoid food waste at Christmas

© Provided by The Guardian Photograph: mauritius images GmbH/Alamy For many people Christmas is about eating and drinking but it is easy to get carried away, not just eating too ... Read more »

English Premier League predictions, fixtures and results: 4 – 6 December 2021

© Provided by Extra Time Media © Provided by Extra Time Media epl predictions cover 2021 A feisty London derby kicks off the English Premier League weekend, with all the ... Read more »

Steph Curry on fire as Goldern State Warriors cool red-hot Suns, Clippers trip Lakers

© Provided by Independent Online (IOL) Los Angeles – Stephen Curry scored 23 points as the Golden State Warriors snapped the Phoenix Suns’ record 18-game winning streak with a dominating ... Read more »

Gossip: Tottenham target €120m double swoop as Conte's first signings

© PA Images Nicolo Zaniolo watches the ball come down in the air Tottenham have been linked with two expensive deals as they plan for the next two transfer windows… ... Read more »

DW exclusive: Belarus dissident Maria Kolesnikova speaks from jail

© Provided by Maria Kolesnikova was handed a 11-year jail term Leading Belarus opposition figure Maria Kolesnikova has been held behind bars for over a year in a Minsk ... Read more »

Alfa Romeo Giulia GTAm Races BMW M3 On Track

© Alfa Romeo Giulia GTAm Races BMW M3 On Track Italy vs. Germany. Who will win? The ’80s saw some of the most iconic touring cars and homologation specials ... Read more »

Nighttime eating affects body clock, can lead to glucose intolerance

gettyimagesbank Eating at night may increase a person’s risk for glucose intolerance, or prediabetes, a study published Friday by the journal Science Advances found.Confining meals to daytime can help maintain ... Read more »

Erebus cars thrown out of Bathurst Top 10 Shootout

© Edge Photographics Will Brown, Erebus Motorsport Holden Commodore Brodie Kostecki and Will Brown qualified fourth and fifth respectively for tomorrow’s Great Race, both drivers dipping into the 2m03s during ... Read more »

Travel ban threatens information sharing, weakens global solidarity

A group of eminent South African scientists has warned that the damaging effects of travel bans issued after the identification of the Omicron variant in South Africa, with little scientific ... Read more »

Tips to keep your home safe during festive season

© Provided by 702 Coming home to an empty house during the festive season is tragic. Janice Anderssen, Decor & DIY expert and founder of shares some security for ... Read more »

5 SUV con etiqueta Eco por menos de 18.500 euros

Hyundai Bayon Kia Stonic Skoda Kamiq Dacia Duster Suzuki Ignis © España Kia Stonic 2021, a prueba Sus dimensiones son perfectas para la ciudad y el distintivo ambiental Eco ... Read more »

Kaizer Chiefs and Orlando Pirates watch out! MaMkhize's reveals ‘Soweto derby' vision

© Provided by The South African Shauwn Mkhize has taken Royal AM into the PSL and even inspired Mama Joy to switch forces but now she has ‘Soweto derby‘ ambitions ... Read more »

Analysis of chocolate selection tubs reveals how to get favourites

© Provided by Daily Mail MailOnline logo As we all know, Christmas is a time for caring and sharing. However, such basic components of human interaction can often be tested ... Read more »

Michigan shooting: Parents of teen gunman arrested

© Provided by Four students died after the shooting at Oxford High School The parents of a Michigan teenager accused of murdering four fellow high school students were arrested ... Read more »

Red Bull: F1 engine power less important than expected in Jeddah

© Mark Sutton / Motorsport Images Sergio Perez, Red Bull Racing RB16B, Nicholas Latifi, Williams FW43B Red Bull has struggled to match Mercedes for straight-line speed at points in recent ... Read more »

Referee, TMO must pick up 'things', says Bulls' Jake White after Sharks defeat

© Provided by Independent Online (IOL) Cape Town – Playing without three tighthead props was always going to mean a long night in the scrums for the Bulls, but coach ... Read more »

WATCH: New Zealand's Ajaz Patel claims record 10 wickets in an innings in India Test

© Provided by Independent Online (IOL) Mumbai, India – New Zealand’s Mumbai-born spinner Ajaz Patel claimed all 10 Indian wickets in the second Test, becoming only the third bowler in ... Read more »
On you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic