Traders in the largest ICT market in Africa, the Computer Village Ikeja have gone back to newspaper product price listing despite initial ban by the Computer and Allied Products Dealers Association of Nigeria, (CAPDAN), according to Vanguard CyberLIFE findings.
The initial ban which was followed by strict sanction was to allow small traders in the market to survive fierce competition. Banning newspaper product listing in the said market, keen observers said is illegal anti-competitive measure in a free market economy like Nigeria.
“We cannot sanction anybody who engage in newspaper product price listing. It is illegal. It is anti- competitive. An ICT vendor had earlier taking CAPDAN to court to question why such ban. The policy is still in place but CPADAN has relaxed on it and there is no legal backing. No court of competent jurisdiction can try the case on non compliance” a CAPDAN official who pleaded anonymity told Vanguard CyberLIFE in an interaction, Monday in Lagos.
According to him, in a free market economy, people should be allowed to operate freely without any unfair practice by market union., according to Vanguard CyberLIFE findings.
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