A PYMNTS Company

South Africa: Telkom could dodge Tribunal hearing

By  |  March 13, 2013

Telkom has reportedly entered into settlement discussions with the nation’s Competition Commission, possibly bypassing the Competition Tribunal in an effort to avoid the same outcome of a previous case that lasted for over a decade due to the appeals process. In the previous case, the fixed-line telecom operator was fined by the Tribunal for anticompetitive behavior. This time, the parties are hoping to avoid another lengthy legal process concerning a case that reports say are broad and similar to the last one, with differences involving the duration and timeline of the offenses. According to reports, Telkom wants the Commission-induced fine reduced, while the Commission wants the Tribunal to impose an even greater fine.

 

Full Content: Tech Central

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