Articles by Pamela Mondliwa

Structural transformation, competition and economic power: the need for better policies

Pamela Mondliwa, CCRED, University of Johannesburg
reads 3,153

The economy remains highly concentrated and existing firms have substantial advantages over entrants and smaller rivals. These firms can use their power to block rivals, also by influencing regulations in their favour. Changing the structure and the ownership of the economy simultaneously requires a package of measures to tackle the abuse of market power by large firms, change regulations to open up markets, and effectively support the development of the capabilities of smaller firms.