CompCom to investigate Showmax shutdown
Competition Commission wants to ensure conditions such as job protection, local content and sports access are upheld – with penalties if any are breached, according to spokesperson Siyabulela Makunga.
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Competition Commission wants to ensure conditions such as job protection, local content and sports access are upheld – with penalties if any are breached, according to spokesperson Siyabulela Makunga.
The Competition Tribunal has approved Norfund’s acquisition of a stake in Anthem Holdings without conditions.
The Competition Tribunal has approved a proposed transaction that will see billionaire and Cartrack owner Zak Calisto acquire joint control over King Price.
The Competition Tribunal has issued rulings in a series of interlocutory applications in an alleged abuse of dominance case between South African chat platform GovChat and WhatsApp owner Meta Platforms.
‘You cannot have a coincidence where prices are increased at the same time by the same amount over several years,’ says Makgale Mohlala, head of the cartels division at the Competition Commission.
Green light comes with conditions to advance education for historically disadvantaged groups.
The Competition Commission has recommended that the Tribunal approve Lesaka’s acquisition of Bank Zero, without conditions.
It should come as no surprise that MultiChoice’s new owner, Canal+, is playing hardball with suppliers, as the Competition Commission has closed off all other avenues of streamlining the business.
MultiChoice’s new owner Canal+ has reportedly suspended payments to the broadcaster’s suppliers and demanded 20% discounts on invoices as part of a cost-cutting exercise.
The Competition Commission has recommended that the Competition Tribunal approve Nedbank’s acquisition of financial technology company iKhokha, without conditions.