Beverage giant South African Breweries, or SAB, said it will not accept remedies proposed by the nation’s Competition Commission to resolve what the regulator has deemed as anticompetitive behavior. Reports say the regulator is looking to require SAB to nix some clauses of the company’s exclusive agreements with distributors. Further, the Commission wants non-discriminatory discounts offered to all licensed, qualified distributors in the nation. SAB rejected the requirements, however, noting that offering discounts to all 2,500 distributors would lose money for the beverage conglomerate.
Full Content: BDLive
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