A PYMNTS Company

South Africa: MTV and other media companies admit to collusion

 |  May 2, 2018

The Competition Commission of South Africa has urged media companies implicated in the 2011 media collusion investigation to pay their parts of the settlement.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    MTV Networks Africa has agreed to a package of remedies totaling 17.3 million rand (US$1.14 million) for its involvement in a South African advertising cartel.

    The company is one of 28 media companies that have been referred to the Competition Tribunal for prosecution. The matter relates to an investigation that was initiated by the Competition Commission in 2011.

    It found various media houses including Primedia and Media24 had agreed to offer similar discounts to advertising agencies that placed ads with certain members.

    Full Content: eNCA

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.