Legal Articles and Guides
The Competition Commission has found that long-term exclusive lease agreements by SA's major supermarket chains at shopping centres were preventing new competitors from getting a foothold.
Four companies accused of colluding for a R240m tender from Eskom, are seeking intervention from the Competition Tribunal to dismiss a case against them by the Competition Commission, says a Fin24 report.
Tourism agencies supplying air tickets and accommodation to MPs have been accused of collusion by the Competition Commission in a tender that is worth almost R100m, says a Cape Argus report.
A director of one of the two Robben Island boat operators accused of price-fixing and tender collusion took the stand at the Competition Tribunal and denied all the allegations, says a Cape Argus report.
The Competition Commission says Naspers’s acquisition of local vehicle-purchasing service WeBuyCars should be blocked as it could lead to higher used-car prices.
The Competition Commission’s approval of clothing retailer Edcon’s restructuring has cleared a major hurdle in its R2.7bn refinancing, says a Business Day report. Edcon – which operates the Edgars, Jet and CNA chains – struck a deal with its creditors in March, including its landlords and banks, which resulted in them providing financing and becoming shareholders in the retailer.
Vodacom Group and MTN Group shares fell after one of the competition regulators ruled that SA’s two largest mobile-phone companies overcharge customers for data – particularly those on lower incomes. According to a Fin24 report, the two carriers bill more in their home market than in other countries in which they operate, the Competition Commission said in a provisional report on an inquiry that began in August 2017.
Supermarket group Spar is being investigated by the Competition Commission after banning SA-produced cigarettes, whose manufacturers are alleged to be tax dodgers, from its shops, according to a Business Times report.
The Competition Tribunal has dismissed a collusive tendering case against WBHO Construction. In its 2015 referral to the tribunal, the Competition Commission alleged that WBHO had colluded with Group Five Construction by fixing contractual conditions related to the N17 link road between New Canada and Soccer City, says a Business Day report.
In a judgment that TechCentral says has significant consequences for the telecommunications industry and homeowners, the SCA has overturned a lower court’s judgment, in favour of Telkom, ruling that Vodacom is entitled to access its rival’s ducts.
In what a Business Day report says is a precedent-setting case, the Competition Commission has gone to the Constitutional Court to prevent companies, including Standard Bank, from accessing information gathered on them during investigations.
The SABC has become the latest media group to be fined by the Competition Tribunal for collusion on advertising rates. The broadcaster received a R32m fine, adding to its financial distress, for which it had asked government for a R3bn bailout in November, saying it would be unable to meet February's payroll without assistance, says BusinessLIVE.
The days of uncompetitive conduct with regards to the sale of school uniforms have come to an end, says a Pretoria News report. Yesterday, the Competition Commission announced it had finally made progress in the call for making school uniforms affordable for everyone. The commission’s tribunal said a consent agreement had been entered into with various schools in this regard.
NTK Limpopo Agri, a wholly-owned subsidiary of the VKB Group, has been fined R3.64m for price fixing conduct in the milled white maize market in contravention of the Competition Act. The Competition Tribunal confirmed yesterday that a settlement agreement was entered into between NTK and the Competition Commission in terms of which the company admitted engaging in anti-competitive conduct with its competitors, says Business Report.
The Competition Tribunal has found that Computicket abused its dominance and has ordered the ticketing giant to pay an administrative penalty of R20m. The tribunal's decision follows protracted litigation and an earlier investigation by the Competition Commission into the company's use of long-term exclusive agreements to exclude new entrants from the outsourced ticket-distribution market, notes TimesLIVE.