Delegates from the global competition community continued discussions on 11th May 2017 in Porto, Portugal on day two of the International Competition Network (ICN) annual conference. Topics tackled included advocacy strategies to preserve open and competititve markets, strategic thinking in...
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The annual conference of the International Competition Network (ICN) is underway in Porto, Portugal. The three day conference brings together at least 600 delegates from more than 130 competition agencies around the world to dialogue on competition law and policy. The agencies and international...
One sign that monopolies are a problem in America is that the University of Chicago has just held a summit on the threat that they may pose to the world’s biggest economy. In the 1970s economists from the “Chicago school” argued that big firms were not a threat to growth and prosperity. Their views...
South Africa’s Competition Commission has decided to prosecute three advertising practitioners specialising in recruitment advertising services for price fixing, market division and collusive tendering. This follows an investigation by the Commission which found that Human Communications (Pty) Ltd...
The Competition Authority has rejected the acquisition of 28.73% shares in Mmegi Investment Holdings (Pty) Ltd by Universal House (Pty) Ltd. In its decision on 17 th February, it said the transaction which had already been implemented without prior notification to the Authority, is likely to result...
The Competition Commission of South Africa has referred a collusion case to the Tribunal for prosecution against Bank of America Merrill Lynch International Limited, BNP Paribas, JP Morgan Chase & Co, JP Morgan Chase Bank N.A, Investec Ltd, Standard New York Securities Inc., HSBC Bank Plc,...
The scheduled public hearing by the Competition Authority that was to be held on 20th February 2017 in relation to the proposed transaction involving the intention by Universal House (Pty) Ltd to acquire 28.73% interest in Mmegi Investment Holdings (Pty) Ltd has been cancelled. Having reviewed the...
Pursuant to section 58(1) of the Competition Act (Cap 46:09), the Competition Authority (“the Authority”) hereby invites members of the public to a hearing in relation to the proposed transaction which involves the intention by Universal House (Pty) Ltd (“Universal House”) to acquire 28.73%...
The Competition Authority and the Gambling Authority have signed a Memorandum of Understanding (MoU) to enhance cooperation between the two institutions which would ultimately improve their internal processes and efficiencies. The MoU was signed by the Acting Chief Executive Officer of the...
The Competition Authority has declined to approve the proposed acquisition of assets and cession of the main contract belonging to 4Ms Group Holdings (Pty) Ltd by Transport Holdings Ltd, citing competition concerns. Announcing the decision on 13 th January 2017, the Authority said it rejected the...