Abolish harmful monopolies in the economy

AdvertisementsTHE Competition Act (“the Act”) was passed almost a decade ago in 1996 after government had awakened to and realised the harmful nature of monopoly situations in our economy. At the time, our economy had spent 16 harsh years dominated by underperforming, mismanaged, loss-making, corruption riddled private and public conglomerates. It remains to be seen…