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South Africa: Commission, Telkom bow-out in abuse of dominance case

 |  April 17, 2013

The Competition Commission has announced that it will no longer pursue its cross-appeal concerning telecommunications company Telkom as it agrees with the Tribunal’s finding that the company did, in fact, abuse its dominance between 1999 and 2004. The years served as a time when the company held a monopoly of telecoms facilities around South Africa. Telkom has additionally decided to withdrawal its appeal to the Competition Appeal Court. Deputy competition commissioner Trudi Makhaya stated that the withdrawals mean Telkom will still pay a fine. The Commission decided to drop its cross-appeal after hearing of Telkom’s own resignation to fight the ruling.

Full Content: BDLive

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