Dear friend of the FMF
In this week’s feature article, Martin van Staden explains that the new Competition Amendment Bill will destroy the very market competition which it is purportedly supposed to encourage. Competition will naturally arise between people and companies. Any regulations which try to ‘control’ competition will have disastrous effects, because such regulations do not reflect an understanding of the nature of competition in the first place. Van Staden explains that the drafters of the Bill misconceive the very nature of competition as well as the Rule of Law.
Only freedom can stimulate competition – MARTIN VAN STADEN
Competition is not something that can be artificially created. Competition is an inherent facet of human – or living – nature, and thrives most when it is left alone. The notion that government can introduce swaths of laws, regulations, and red tape, like the new Competition Amendment Bill, and not have a deleterious effect on competition and economic growth is naïve. Government should stick to ensuring no violence or fraud is used by firms and let the rest of the chips fall where they may, in the interest of all consumers.
Frans Rautenbach – The law trade unions and growth - what role do they play in job creation?
Wednesday, 28 February 2018 EVENING EVENT – Dawie Roodt – How to survive an awful budget @17h30 @ FMF – RSVP http://www.freemarketfoundation.com/View-Event?i=172&c=ad4a1
Wednesday, 14 March 2018 MEDIA BRIEFING – Robert Vivian – FAIS the harbinger of things to come @11h00 @ FMF – RSVP http://www.freemarketfoundation.com/View-Event?i=174&c=53247
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Publish date: 14 February 2018
The views expressed in the article are the author’s and are not necessarily shared by the members of the Foundation.