Ivo Vegter Critiques the Competition Commission's Concerns About the Media Industry
Ivo Vegter has written a response to Chris Vick’s Daily Maverick article “Freedom of the press belongs to those who own one“, which looks at why the Competition Commission is currently investigating the media industry.
Vegter says that “most of the examples are just cases of hyper-competitive aggression towards would-be upstarts” and that he wishes “our law would differentiate between government-protected monopolies and cartels (such as telecommunications, broadcasting, and casinos for example) and so-called cartels that earned their market power by being better at their business than their competitors.”
The Competition Commission has its sights set on a new sector. Media. And while I may seem biased, I’m no fan of the companies I’m about to defend against government intervention.
The Competition Commission has turned its guns on the media sector, over “growing allegations of monopolistic behaviour among the four major publishers”, according to a recent Daily Maverick piece by Chris Vick, a spin doctor who revels in his repute.