South African Competition Tribunal blocks Vodacom's R14bn merger with Maziv over competition concerns.

The South African Competition Tribunal has blocked Vodacom's proposed R14 billion merger with fibre company Maziv, citing concerns over competition in the telecommunications market. The Tribunal will provide detailed reasoning later. Vodacom plans to appeal, arguing the merger would have benefitted the economy and improved services for low-income households. The decision underscores the importance of maintaining competition for consumer pricing and service quality.

October 29, 2024
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