Not so fast! Minister Tau wants details on the Vodacom/Maziv merger and why it was declined

📆 28/11/2024 16:10:00
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Vodacom Nouvelles

Department Of Trade,Industry And Competition,South Africa

Tau filed a notice of appeal earlier this week with the competition appeal court and is seeking to have the tribunal’s decision reviewed.

The Competition Commission noted that Vodacom's proposed 30% acquisition of Maziv will reduce competition in South Africa.

The watchdog said that the merger would create an entity with the ability and incentive to engage in anti-competitive conduct.

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