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

  • 📰 TheStar_news
  • ⏱ Reading Time:
  • 7 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 59%

Vodacom News

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 26. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Big twist in Vodacom, Maziv merger sagaTrade, industry & competition minister Parks Tau will appeal the Competition Tribunal’s decision to prohibit the deal.
Source: TechCentral - 🏆 8. / 71 Read more »