A PYMNTS Company

South Africa: Media giants probed for collusion

By  |  January 24, 2013

South Africa’s Competition Commission has announced a probe into four of the country’s largest media houses for possible collusion. Caxton, Media24, Independent Newspapers, and Avusa are being investigated by the authority and were notified of the probe last December, according to reports. The investigation involves looking into alleged collusions between the four companies as early as before 1998. As a result of the investigation, Caxton has reportedly withdrawn its spot on the government’s print and digital media transformation task team.

    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.

     

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Full Content: Money Web

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