Is the Pepkor / OK Furniture deal a threat to competition, or exactly what the South African economy needs to survive? 🇿🇦🛋️

Read the full contrarian take here:
ideaaccelerator.co.za/the-scale-or...

#Pepkor #Shoprite #SouthAfrica #Business #CompetitionCommission #EconomyOfScale

South Africa charges international shipping lines with alleged cartel conduct on key China trade routes Eight cargo shipping companies are accused of colluding to charge the same rate increases on routes between China and South Africa, with some routes to West Africa also affected.

Eight cargo shipping companies are accused of colluding to charge the same rate increases on routes between China and South Africa, with some routes to West Africa also affected. Bne IntelliNews #SouthAfrica #ShippingIndustry #CartelConduct #ChinaTrade #CompetitionCommission

Competition Commission forces tech giants to make changes for SA users The inquiry found that global platforms dominate key gateways through which South Africans access information, namely search, social media, and AI-powered tools.

Competition Commission forces tech giants to make changes for SA users #CompetitionCommission #Tech #Google

wired2tech.co.za/competition-...

CCP's Major Action Against Telecom Cartel | ICH Case Recoveries Reach 772 Million Rupees | Conzumer Tv

Watch full Video: youtu.be/ghIXVFtOKqM

#CCP #TelecomCartel #ICHPakistan #CCPAction #CompetitionCommission #TelecomIndustry #PakistanNews #MarketRegulation #EconomicNews #ConzumerTV

CCP ka Faisla — Transport Associations Par Jurmana, Qeematain Tay Karna Gair Qanooni Qarar YouTube video by Conzumer TV

CCP ka Faisla — Transport Associations Par Jurmana, Qeematain Tay Karna Gair Qanooni Qarar | Conzumer Tv

Watch more: youtu.be/TEsBzEBlkYc

#CCPPakistan #CompetitionCommission #TransportFine #IllegalPricing #ConzumerTV #ConsumerRights #PakistanNews #MarketFairness #BusinessRegulation #PriceFixing

#Namibia #CompetitionCommission #MergersAndAcquisitions #BusinessNews #MarketCompetition

#Namibia #CementIndustry #CompetitionCommission #MergerNews #BusinessNews

Absolutely criminal Sky Sports have increased thir charges to pubs from under £13000 a year to nearly £30000 - literally would be cheaper for most pub landlords to buy their customers and individual subscription. @ofcom.bsky.social #DCMS #CompetitionCommission need to get their act together.

#GoalMaize #Namibia #AntiCompetitive #CompetitionCommission #BusinessNews

#PepkorMerger #MarketDominance #NamibiaBusiness #CompetitionCommission #RetailIndustry

Competition commission approves mergers with foreign companies British retail and sport organisation Sports Direct is one of three foreign entities given the green-light by the Namibian Competition Commission (NaCC) to merge with Namibian companies. The others are Australian mining company SQM Australia Pty (Ltd) and Novus Holdings Limited, that operates as a commercial printing, manufacturing and packaging business in South Africa. A statement issued by NaCC spokesperson Gina //Gowases last Wednesday said the commission had authorised seven mergers at a meeting on 17 February. Sports Direct, which offers a diverse mix of iconic sporting and retail brands, had its proposal to acquire S and R HoldCo (Pty) Ltd (Holdsport) approved without conditions. “Following the implementation of the proposed transaction, S and R Holdco will be controlled by Sports Direct,” said //Gowases. Holdsport Group incorporates retail, manufacturing, distribution and e-commerce businesses focused on the sport, outdoor and recreation sectors. Meanwhile, Novus Holdings Limited, which has a non-controlling interest in a tissue plant in South Africa, proposed to merge with Mustek Limited in the local information technology distribution, service, and support segments. “The proposed merger is unlikely to result in the elimination of an effective competitor, given that it is a conglomerate merger and it is approved without conditions,” said NaCC before giving the nod. Johannes George, who has business interests in health education, training and healthcare services consultation, sought approval to acquire erf 3955, extension 10, at Swakopmund. This is immovable property zoned for industrial use and is currently being leased by George for training purposes. “The proposed merger is not anticipated to adversely affect employment, and the transaction is, therefore, approved unconditionally,” noted the statement. The commission also approved, without conditions, Walvis Bay Grain Storage (Pty) Ltd’s application to acquire erf 3732 at Walvis Bay from Petrus van Niekerk. Walvis Bay Grain Storage, a subsidiary of Namib Mills Investment Group Trust, is involved in milling maize, mahangu and flour to make pasta, bread, instant porridge and animal feeds, as well as packaging sugar and rice. The commission assessed the proposed acquisition of Grace Simba Investments (Pty) Ltd by SQM Australia under an earn-in agreement between the parties. Grace Simba lnvestments is the holder of the Lithium Ridge Mining Licence 133 (ML 133), and was established to progress exploration for lithium within the area of ML133. “The Australians will make investments of a total expenditure over three-and-a-half years in three different stages to attain up to 50% ownership in Grace Simba Investments,” said the commission, adding that the proposed transaction was unconditionally approved. The commission also received a notification involving Alma Terra Mater Investments Namibia for the acquisition of the entire issued share capital in Protek Electronics and in the immovable property owned by Protek Electronics. In addition, Power House Holdings proposed to acquire the Windhoek Luxury Suites, a ring-fenced business of Red Trading Restaurant Close Corporation, which operates an accommodation establishment. “The commission approved the merger on condition there will be no merger-specific retrenchments by the merged undertaking for three years after the implementation date,” read the statement. Power House Holdings shall take over employment of all 17 employees of Windhoek Luxury Suites on terms “not less favourable than what exists and prevails on the approval date and the remaining three employees will continue to be employed by the Windhoek Luxury Suites,” directed the NaCC. – email: matthew@namibian.com.na The post Competition commission approves mergers with foreign companies appeared first on The Namibian.

#Namibia #SportsDirect #Mergers #CompetitionCommission #ForeignInvestment

Competition commission approves Vortex, Roots Abattoir merger The Namibian Competition Commission (NaCC) has approved the acquisition by Vortex Holdings Namibia of the remaining 50% shareholding in Roots Abattoir Enterprises. The decision was announced following a meeting of the board of commissioners held in February. According to NaCC findings, the transaction follows a previous acquisition where Vortex Holdings Namibia acquired an initial 50% stake in Roots Abattoir Enterprises, as well as Roots Farming Enterprises. NaCC spokesperson Dina //Gowases says the merger will have no effect on market concentration and, therefore, the current competitive conditions in the relevant market will prevail post-merger. “The merging parties do not operate in the same market – the proposed transaction, therefore, does not give rise to any integrations. The proposed transaction will not substantially lessen or prevent competition in the relevant market,” says //Gowases. //Gowases says the merger was approved on condition that there will be no job losses. “The proposed transaction will have no negative effect on employment insofar as the target undertaking is concerned, as there will be no job losses, including redundancies and retrenchments, as a consequence of the implementation,” she says. Additionally, the merger is expected to increase production capacity and will give rise to job creation. //Gowases says the initial transaction has not yet been implemented. According to its website, Vortex Holdings Namibia is a 100% owned subsidiary of VH Invest AG, a German holding company investing in companies working in technology, renewable energy projects, renewable energy project development and infrastructure investments. Meanwhile, Roots Abattoir Enterprises is actively involved in the slaughtering and processing of chickens. In 2021 the Roots Development project, which includes Roots Abbatoir Enterprises, had an investment of N$100 million. The project goal was to establish an agricultural town in each one of the 14 regions of Namibia, with the first roll-out being at Stampriet. The post Competition commission approves Vortex, Roots Abattoir merger appeared first on The Namibian.

#Namibia #CompetitionCommission #MergerApproval #BusinessNews #VortexHoldings

Competition commission clears RedForce of favouritism in tenders The Namibian Competition Commission (NaCC) has found no favouritism in RedForce Debt Management’s debt-collection tenders, but has highlighted concerns over unregulated fees. The competition watchdog made this finding following allegations on social media that the debt-collection agency had secured the majority of municipal debt-collection tenders due to favouritism. The commission submitted its findings to the Walvis Bay Municipality, which lost a court case last year after terminating RedForce’s services. The commission sought to determine whether RedForce and local authorities had entered into agreements that restricted competition by limiting or controlling production, market outlets, or access. “The awarding of the debt-collection tenders to RDM (RedForce) for the provision of debt services to local authorities was carried out in a transparent manner and in accordance with procurement laws,” the commission says. RedForce was found to have met all the requirements outlined in the tender invitations. Additionally, the company’s financial proposal to local authorities was deemed by the commission as being more favourable than those of its competitors. The commission also investigated whether RedForce held a dominant position in the market, given the number of tenders it had won with local authorities. Furthermore, it found that the company does not overcharge clients in terms of the Competition Act. “Debt related to essential services should not be subject to high interest rates or penalties, as this creates an unfair burden on the most vulnerable populations who are already struggling to make ends meet. The focus should be on providing support and enabling these debtors to pay off their debts over time, not penalising them further with high interest rates, which could lead to even more financial consequences,” the commission says in its report. It further established that RedForce charges a commission fee of between 10% and 12% of the total debt handed over by local authorities, as per their agreements. “This fee is passed directly to the debtors, increasing the amount owed by residents. Furthermore, RDM charges a monthly compounding interest on the outstanding debt, significantly increasing the total repayment amount,” the commission says. Although the commission acknowledges that requiring debtors to pay municipal debts plus the additional 10% to 12% fee to RedForce is generally detrimental, it concludes that this fee cannot be classified as a price. “There is no service being rendered to the debtors for this amount. RDM’s charge does not factor into the amount that local authorities charge their residents for services. This is a debt-collection fee that is currently unregulated.” The commission has thus determined that these collection fees do not fall within the scope of overcharging under competition law, specifically the section which addresses unfair pricing. Consequently, the commission says it could not probe this aspect of the complaint further. The post Competition commission clears RedForce of favouritism in tenders appeared first on The Namibian.

#Namibia #DebtCollection #CompetitionCommission #RedForce #Transparency

Competition commission clears RedForce of favouritism in tenders The Namibian Competition Commission (NaCC) has found no favouritism in RedForce Debt Management’s debt-collection tenders, but has highlighted concerns over unregulated fees. The competition watchdog made this finding following allegations on social media that the debt-collection agency had secured the majority of municipal debt-collection tenders due to favouritism. The commission submitted its findings to the Walvis Bay Municipality, which lost a court case last year after terminating RedForce’s services. The commission sought to determine whether RedForce and local authorities had entered into agreements that restricted competition by limiting or controlling production, market outlets, or access. “The awarding of the debt-collection tenders to RDM (RedForce) for the provision of debt services to local authorities was carried out in a transparent manner and in accordance with procurement laws,” the commission says. RedForce was found to have met all the requirements outlined in the tender invitations. Additionally, the company’s financial proposal to local authorities was deemed by the commission as being more favourable than those of its competitors. The commission also investigated whether RedForce held a dominant position in the market, given the number of tenders it had won with local authorities. Furthermore, it found that the company does not overcharge clients in terms of the Competition Act. “Debt related to essential services should not be subject to high interest rates or penalties, as this creates an unfair burden on the most vulnerable populations who are already struggling to make ends meet. The focus should be on providing support and enabling these debtors to pay off their debts over time, not penalising them further with high interest rates, which could lead to even more financial consequences,” the commission says in its report. It further established that RedForce charges a commission fee of between 10% and 12% of the total debt handed over by local authorities, as per their agreements. “This fee is passed directly to the debtors, increasing the amount owed by residents. Furthermore, RDM charges a monthly compounding interest on the outstanding debt, significantly increasing the total repayment amount,” the commission says. Although the commission acknowledges that requiring debtors to pay municipal debts plus the additional 10% to 12% fee to RedForce is generally detrimental, it concludes that this fee cannot be classified as a price. “There is no service being rendered to the debtors for this amount. RDM’s charge does not factor into the amount that local authorities charge their residents for services. This is a debt-collection fee that is currently unregulated.” The commission has thus determined that these collection fees do not fall within the scope of overcharging under competition law, specifically the section which addresses unfair pricing. Consequently, the commission says it could not probe this aspect of the complaint further. The post Competition commission clears RedForce of favouritism in tenders appeared first on The Namibian.

#Namibia #DebtCollection #CompetitionCommission #RedForce #Transparency

NCC investigates automotive industry NCC investigates automotive industry NBC Online Thu, 03/27/2025 - 16:08

#AutomotiveIndustry #NCCInvestigates #MarketRegulation #CarDealers #CompetitionCommission

کمپنیوں نے خام اسٹیل کی قیمتوں میں 111 گنا اضافہ کیا

مزید پڑھیے: www.aaj.tv/news/30446604/

#AajNews #SteelMarket #CartelExposed #CompetitionCommission #PriceHike

SIYABULELA MAKUNGA | Commission continues work on lower medicine prices One of the founding legislative ideals of the Competition Act 98 of 1998 is “to provide consumers with competitive price and product choices”. This legislative imperative is aptly foregrounded in the ...

[DailyRead] "Taking you back to early 2000s SA, the price of the ARV drug, AZT, was 665% higher than the best-priced generic alternative medication for AZT available elsewhere in the world." #HIV #TB #CompetitionCommission www.sowetanlive.co.za/opinion/colu...

The Court Has Decided – eMedia vs MultiChoice

#eMedia #MultiChoice #SABC #CompetitionCommission #sport #broadcast

www.samdb.co.za/blogs/blog/2...