South Africa-based wireless operator MTN has outlined exactly why it opposes a proposed merger between two of its rivals.
The company has issued objections to the planned acquisition of Neotel by Vodacom to the nation’s Competition Commission and the Independent Communications Authority of SA, say reports.
MTN argues that the spectrum transfer that would take place from Neotel to Vodacom is illegal under South African competition rules because Neotel’s spectrum is a public asset.
Further, MTN says, the takeover would reduce competition by removing an industry player while boosting already-dominant Vodacom’s assets.
Vodacom declined to respond to MTN’s allegations but noted earlier this year that the merger is part of the market’s response to the nation’s spectrum shortage.
Full content: IT Web
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Nvidia and Microsoft Sued for Allegedly Undercutting AI Technology Patent Prices
Sep 5, 2024 by
CPI
White & Case Strengthens Antitrust and M&A Practices with New Partner Additions
Sep 5, 2024 by
CPI
Federal Judge Dismisses Antitrust Lawyers’ Fee Demand Over JetBlue-Spirit Deal
Sep 5, 2024 by
CPI
Boston Landlords Named as US Sues RealPage Over Alleged Rent-Inflating Practices
Sep 5, 2024 by
CPI
Judge to Weigh Landmark NCAA Settlement Proposal in Antitrust Lawsuit
Sep 5, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Canada & Mexico
Sep 3, 2024 by
CPI
Competitive Convergence: Mexico’s 30-Year Quest for Antitrust Parity with its Northern Neighbor
Sep 3, 2024 by
CPI
Competition and Digital Markets in North America: A Comparative Study of Antitrust Investigations in Mexico and the United States
Sep 3, 2024 by
CPI
Recent Antitrust Development in Mexico: COFECE’s Preliminary Report on Amazon and Mercado Libre
Sep 3, 2024 by
CPI
The Cost of Making COFECE Disappear
Sep 3, 2024 by
CPI