On the day, the CCM launched an ‘e-complaints’, which is a new method of filling complaints through the web. The launch tallies with the second anniversary of CCM.
Present on the event were, Rajiv Servansingh, CCM acting chairman, Louis, president of Joint Economic Council (JEC), Indranee Seebun, managing director of Small and Medium Enterprises Development Authority (SMEDA), Sean Ennis, CCM executive director, George Lipimile , Common Market for Eastern and Southern Africa (COMESA) Competition Commission director and Raj Makoond, JEC director.
The main objective of the workshop was to create awareness of the benefits of competition to businessmen. “Our mantra is to promote competition among firms and CCM is playing its role by ensuring that all players in the economy are being treated fairly. As a result, this will lead to an optimum allocation in the economy” said Servansingh.
Rivalland, in his address, described competition as “cod liver oil”. “It first makes you sick but then makes you better,” he said. He also said that competition is better than regulations as it minimises the costs of bringing products to the consumers.
He added that to be able to compete efficiently in the international market, firms should adopt competitive policies.
“Absence of adequate regulations can be problematic to the financial market,” he also explained.
Seebun, on her part emphasised on the importance of SMEs in Mauritius. She said that the presence of more SMEs will make our economy more resilient. She highlighted the benefits that SMEs gain from competition.