Anti-competitive behaviour ruling against Telkom possible

Not sure whether this is supposed to come as a surprise?

From the Business Report on 30 Nov 09:

After five years of litigation-filled delays, Telkom is closer to being slapped with a penalty of up to R3.76 billion for anti-competitive behaviour following last Friday’s ruling by the Supreme Court of Appeal (SCA).

According to one analyst:

“In the five years that it has been able to keep this away from the Competition Tribunal, Telkom’s behaviour has caused material damage to the South African economy.”

The Competition Tribunal has been found to be in its rights to proceed against Telkom, leaving the door open to a judgement and fine against them. Whatever that may mean — think Tiger Brands and the fines that were ‘imposed’ there…

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