Today’s Editorial July 27: We welcome competition

Competition is good for business.

It’s a tenet we whole-heartedly endorse and support.

We welcome and embrace competition from any media house in the Cayman Islands.

It’s healthy for the industry and for those who consume news from the pages of newspapers, over the radio or through television broadcasts.

The competition of the Caymanian Compass and Cayman Free Press comes from various media, including magazines and just about anything that is published and read.

But for competition to be truly good for business, it has to be fair.

Press that makes up quotes and sensationalizes facts is not true competition and in the long run does nothing for the greater public good.

This newspaper has a reputation of being above board and honest. When we make mistakes we correct them as soon as we are made aware of them.

It is not our intention now or ever to attack other press through the Caymanian Compass.

But we have and will continue to make sure that correct information makes it into the public mainstream. If that means that we are called upon to correct misinformation in other publications, we will.

And if we see misinformation in other publications we consider it our moral and civic duty to get the right facts out.

In the end we know that the reading public is smart enough to know when it is being given false information through sensational headlines. That’s why the Caymanian Compass and Cayman Free Press don’t do it, in the newspaper or any other myriad publications.

We at the Caymanian Compass know we have a responsibility to report fairly, accurately and impartially. It’s what we strive to do daily.

This newspaper will not be found in support of one political party or another.

We will report on the victories with the winners, the disappointments for the losers and provide fair, accurate and balanced reports no matter the party, no matter the issue.

It is our wish that all media would strive for accuracy, impartiality and fairness.

If everyone was on the same playing field competition would indeed be good for this industry.

Competition must be fair.

It’s a concept we will continue to practice and embrace.

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