World Bank Chief Economist for the Middle East and North Africa Region Shantayanan Devarajan was asked about how Egypt can promote competition in the market. ..
“How do we make competition easier?”
“Level the playing field and allow equal access for everybody, foreign and domestic.”.
….
Yes…because a huge multi-billion dollar multinational corporation (ie. “Foreign”) can completely demolish local industry (“domestic”), on a “level” playing field.
“Equal access” where there is no equality of capital nor capacity is a recipe for domination