A former Chief Executive of the Ghana Investment Promotion Center Robert Ahomka Lindsay is urging the local business community to give their full backing to the law to regulate uncompetitive behavior by industry.
The law, according to him, is very necessary for the regulation of the country’s open market economy.
Currently, businesses which decide to use all manner of unfair tactics to outwit their competitors cannot be brought to book because there is no law to check them.
ISSER is spearheading the campaign to get this checked but Mr. Ahomka Lindsay wants more corporate support for the ISSER initiative.
He said the anti-competitive practices cover a gamut of social and economic life, adding that failure to introduce such laws will create a vacuum within our frame work.
Even though there are regulators, he said there is the need for a law to be promulgated to guide these regulators in taking their decisions.
Play the attached audio for excerpts of the interview
Joy Business/Myjoyonline.com/Ghana
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