Level the playing field for small retail entrants
Small informal businesses are neglected by local authorities
The recent amendments to the Competition Act in part sought to ensure that markets are not just competitive but also more inclusive. This is essential in the South African context, given historical economic exclusion and the country being among the world's most unequal economies, but inclusive growth is also a prominent global theme due to widening inequality.
Making markets more inclusive not only addresses social imperatives but also provides a platform for more competitive markets and benefits consumers.