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Outcry over Cell C licence transfer

By Daily News Published on Wednesday, 17 January 2024
Tags: #Competition Law
Icasa has said a request by Blue Label Telecoms for the transfer of control of Cell C's licences, including its spectrum, is a mandatory step and standard procedure, reports Fin24.

Bank cartel case thrown out

By Daily News Published on Tuesday, 09 January 2024
Tags: #Competition Law
The Competition Appeal Court (CAC) has thrown out the case against all but five of the 28 banks that were accused of colluding to fix the rand in the New York foreign exchange market more than a decade ago.

Rain, MTN to intervene in Vodacom, Vumatel hearings

By Daily News Published on Monday, 20 November 2023
Tags: #Competition Law
The Competition Tribunal has accepted MTN and data provider Rain’s requests to intervene in the hearings on whether to approve the merger between Vodacom and fibre providers Vumatel and Dark Fibre Africa.

Bank fined R42.7m for dollar-rand manipulation

By Daily News Published on Thursday, 16 November 2023
Tags: #Banking & Finance Law #Competition Law
British multi-national bank Standard Chartered has admitted to its role in manipulating the dollar-rand exchange rate and has agreed to pay an administrative penalty of R42.7m, ending roughly eight years of litigation with SA’s competition authorities.

Forex-rigging case now before Appeal Court

By Daily News Published on Tuesday, 14 November 2023
Tags: #Competition Law
The Competition Commission’s ageing foreign exchange case is back in court yet again, with the banks charging that the commission must show that all 28 of them were part of the alleged ‘single overarching conspiracy’ to manipulate the rand before the case can go ahead.

ConCourt to address SA Coke firm's merger

By Daily News Published on Monday, 23 October 2023
Tags: #Business & Industry Law #Competition Law
SA’s competition tsar will next month tell the Constitutional Court that the SA arm of Coca-Cola Beverages Africa (CCBA) conjured up a plan to get rid of workers after a 2016 merger, contravening one of the key conditions set by authorities in approving the deal.

Green light for R3bn sale of shopping malls

By Daily News Published on Friday, 20 October 2023
Tags: #Business & Industry Law #Competition Law
The Competition Commission has unconditionally approved the sale of five shopping malls, carrying a total transaction value of R3.9bn.

Appeal upholds Tsutsumani’s R3.5m penalty

By Daily News Published on Wednesday, 18 October 2023
Tags: #Competition Law
The Competition Appeal Court has upheld the Competition Commission’s decision to impose a R3.5m penalty on local business Tsutsumani Business Enterprises for marking-up the price of surgical masks by 87% in 2020 when the Covid-19 pandemic hit SA.

eMedia lodges new case against MultiChoice

By Daily News Published on Wednesday, 18 October 2023
Tags: #Competition Law #Litigation #Science & Technology Law
eMedia has lodged a new case against MultiChoice at the Competition Commission in its ongoing fight over the Rugby World Cup television rights.

Unilever agrees to R400m settlement

By Daily News Published on Tuesday, 10 October 2023
Tags: #Competition Law
SA's top anti-trust adjudicating body yesterday confirmed a nearly R400m settlement agreement between Unilever and competition authorities over the alleged market division of margarine.

Nu Africa’s abuse complaint against Distell dismissed

By Daily News Published on Friday, 29 September 2023
Tags: #Competition Law
The Competition Tribunal has dismissed an abuse of dominance complaint brought by Nu Africa Duty Free Shops against Distell, reports HeraldLIVE.

Watchdog to probe J&J over TB drug price

By Daily News Published on Friday, 15 September 2023
Tags: #Competition Law #Health Care & Social
The Competition Commission has launched an investigation into whether pharmaceutical giant Johnson & Johnson (J&J) overcharged SA for lifesaving tuberculosis (TB) drug bedaquiline, reports Fin24.

Spar to stop exclusive lease agreements

By Daily News Published on Thursday, 31 August 2023
Tags: #Competition Law
Spar has finally joined its fellow grocery retailers Shoprite and Pick n Pay in agreeing to phase out its controversial exclusive lease agreements, reports Fin24.

Commission cracks down on online platforms

By Daily News Published on Tuesday, 01 August 2023
Tags: #Competition Law
SA's competition watchdog has demanded that Google, Uber Eats, Takealot and Apple take a range of steps to encourage competition from smaller companies.

Unilever slapped with R16m penalty in margarine case

By Daily News Published on Friday, 14 July 2023
Tags: #Competition Law
The Competition Commission said yesterday it had reached a settlement with Unilever over alleged market division of margarine, with the global consumer goods giant agreeing to, among other things, a R16m administrative penalty and to provide interest-free loans to qualifying black businesses.

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