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The Competition Commission has said it is monitoring airline ticket prices after Comair suspended operations this week due to a liquidity crunch, sparking fears that the remaining airlines could take advantage of reduced supply and hike fares.
Shoprite-owned Computicket has agreed with the Competition Commission to pay a fine of R11.3m after it was found to have entered into exclusive deals with theatres, promoters, and other event organisers between 2013 and 2018, which excluded competitors from entering the ticketing market.
Lifebuoy soap makers Unilever has failed to convince the Advertising Regulatory Board (ARB) that its product offers protection against infections, which dismissed an appeal against a successful complaint from competitor Colgate-Palmolive.
FirstRand may well find itself on the hook for a costly penalty over alleged anticompetitive behaviour involving its vehicle financing subsidiary, WesBank.
More than 10 000 breast cancer patients were unable to receive treatment because of excessive prices charged by health multinational Roche. This is according to the Competition Commission, which has filed a referral to prosecute the Swiss firm.
Naspers-owned Takealot vowed to deal with service-related issues on its platform during an inquiry into e-commerce competition in SA, after allegations by regulators that it had intimidated small businesses using its platforms to trade.
The Competition Tribunal’s ruling that schools can no longer force parents to buy their children’s school uniform at a specific supplier has been hailed a huge victory for poor parents and small businesses.
Unlisted integrated tourism group Tourvest Holdings has been ordered to pay an administrative penalty of R9.18m within 30 days, after the Competition Tribunal found it guilty of collusive tendering or price fixing together with the Siyazisiza Trust.
The Competition Commission has made a number of key recommendations for approval, including giving retail pharmacy Clicks the green light to acquire 25 Pick n Pay retail pharmacies.
The Competition Tribunal has given the sale of the SA franchise of Burger King by Grand Parade the go-ahead, with conditions, allowing foreign investment worth about R470m to flow into the country.
Medical equipment supplier Intermed has maintained its innocence despite being slapped with a hefty fine by the Competition Tribunal for alleged cartel conduct during a tender process.
The Competition Commission has set its sights on the digital marketplace, where it says small businesses are exposed to exorbitant fees, which hamper their growth, says a Financial Mail report.
The Competition Tribunal has restrained WhatsApp and Facebook from removing the government’s digital communication platform from the WhatsApp platform, notes BusinessLIVE.
African broadcast giant MultiChoice says that attempts by Icasa to level the playing fields among local broadcasters will have unintended consequences. ‘We should not be trying, through regulation, to bring MultiChoice to its knees,’ said MultiChoice Group CEO, Calvo Mawela.
GovChat claimed in the Competition Tribunal yesterday that Facebook and WhatsApp were abusing their market dominance.
The Competition Commission has signed an agreement of consent with retailer Pick n Pay, seeking to eliminate the company's exclusive leases in shopping malls.
Among a host of decisions announced bt the Competition Tribunal yesterday, it says it has found Dis-Chem guilty of charging excessive prices for surgical face masks to take advantage of heightened demand during the Covid-19 pandemic, and has ordered it to pay R1.2m.
The Competition Tribunal has found a Pretoria-based company guilty of hiking the prices of face masks. Babelegi Workwear and Industrial Supplies CC was fined R76 000, according to TimesLIVE.
The restructuring of SA’s third-largest mobile operator, Cell C – which will result in a change in shareholders – has been approved by the Competition Commission.
Dis-Chem has entered into a conditional arrangement to buy Baby City from its founder shareholders, the Aronoff family, for R430m.