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South Africa: Commission seeks heftier 54m USD telkom fine

By  |  September 18, 2012
South Africa: Commission seeks heftier 54m USD telkom fine

Not only is Telkom, a major telecom company in South Africa, appealing against the Competition Tribunal’s ruling that found the fixed-line operator guilty of anticompetitive behavior, but the Competition Commission has also filed a “cross appeal” against sections of the tribunal’s findings, and wants Telkom to face a higher penalty than the 449m Rand (54m USD ) the tribunal imposed in August. 

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