The Competition Commission of South Africa will oppose technology investor Naspers’ attempted takeover of WeBuyCars, because the deal would prevent potential competitors from entering the online car sales market.
South Africa’s competition watchdog has conditionally approved a takeover of the country’s largest non-food retail group, in an attempt to save the company from collapse and avoid the loss of thousands of jobs.
Chile’s competition tribunal has fined two shipping companies that participated in the global roll-on, roll-off shipping cartel, a day after South Africa’s competition authority recommended that a shipping liner be punished for its role in the same conspiracy.
Much has been written about controversial new changes to South Africa’s competition law, but in 2019 the country will see how those unprecedented amendments begin to affect enforcement.
The proliferation of anticompetitive algorithms could have potentially “catastrophic” effects for Africa, the head of Kenya’s antitrust enforcer has warned.
Egypt’s competition authority has appointed a new chair and nine board members, while Kuwait’s authority has named Mishal Al-Wazzan as its new executive director.
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