Legal Articles and Guides
Rain, MTN to intervene in Vodacom, Vumatel hearings
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
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
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
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
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
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
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
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
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
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
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
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
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.
Firms and JVs cleared of tender collusion
The Competition Tribunal has dismissed a case of collusive tendering through price fixing involving a 2015 Eskom tender worth R240m against four firms and three joint ventures (JVs).
Sasol interdicted from increasing gas prices
The Competition Tribunal has interdicted Sasol from increasing its gas prices for the next six months, unless it gets a nod from the energy regulator, pending the conclusion of a probe into excessive pricing, reports Fin24.
