Competition Tribunal
latest news & developmentsCompetition Commission to look into complaint over Actom’s acquisition of SSPM
Afro-Map, which failed in its own bid to buy the transformer producer, filed the complaint, saying provisions of the Competition Act were flouted in the deal
Competition Competition has no evidence of rand manipulation, banks say
The commission says the case highlights the difficulty of prosecuting global and domestic cartels that exploit legal loopholes to delay proceedings
Acting up for fair pay bears fruit
SA actors get a reprieve from the Competition Commission to ensure fair pay and practice
Trade, industry and competition department sells out to telecoms big business
Last year, the Competition Tribunal prohibited Vodacom’s purchase of a stake in Remgro’s fibre businesses — Vumatel and Dark Fibre Africa (DFA). But then, South Africa’s minister…
Competition Tribunal approves Takatso Consortium takeover of SAA
Takatso will now own 51% of the national flag carrier while the government becomes the minority shareholder with 49% ownership
More vibrant competition ahead as retailers to phase out lease deals
Long-term leases, which have muscled out the smaller retailers, are being phased out
Competition authority gives thumbs up to SAA-Takatso deal
The Competition Commission has recommended that the Competition Tribunal approve the proposed merger between Takatso and South African Airways with conditions
Massmart will not be profitable as long as it keeps Game, analysts say
Walmart bought Massmart in 2011 and over the past 10 years the share price of the group has decreased by 80%.
Competition Commission wants Facebook, WhatsApp prosecuted for market abuse
The commission has asked the Competition Tribunal to impose a maximum penalty against Meta Platforms
Another hurdle in competition commission’s forex case
Banks argue the Competition Tribunal has no power to call out foreign firms on cartel conduct
How the cement cartel was built
Major international companies have been implicated in the collusion
Sibanye-Lonmin deal one step closer, moratorium on job cuts
The South African Competition Tribunal approved Sibanye’s acquisition of Lonmin subject to agreed conditions between the two companies
Banks seek settlement — and also challenge collusion claims
"Earlier this year, the commission brought a case against 17 major local and international financial institutions for collusion"
Competition Tribunal agrees to Citibank R70m settlement for its role in forex cartel
The bank is the first of 18 banks accused of involvement in a foreign exchange cartel to reach an agreement with the tribunal.
Banks bust: ‘Price-rigging’ fine would be enough to wipe out SA’s budget deficit
If all 17 institutions are penalised, the country’s R140‑billion budget deficit could be wiped out in one fell swoop.