Competition Commission goes after Takealot
The Competition Commission is releasing its latest report on digital businesses operating in South Africa on Monday.
The commission is taking different online platforms to task, including Google and Booking.com and said that Takealot does impose what it calls “narrow price parity,”often seen in online booking platforms, which “prevents marketplace sellers from pricing lower on their own direct channels.” It adds that it has found a range of measures that are to be taken by Takealot in order to address what it calls a “real” conflict of interest.Takealot must segregate its retailer division from its marketplace operations and appoint different executives for both roles,
It must extend its employee code of conduct and “speak up” policy for marketplace sellers that includes exposing conduct that harms sellers and unfairly restricts them from competing,
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