Efforts by the Competition Commission to fine Telkom R3,7bn for anti competitive behaviour have been revived, with the commission winning the right to appeal against a court ruling that temporarily halted its campaign.
Telkom owns one of the largest ISPs in South Africa, and all evidence appears to indicate that they’ve been giving their own ISP preferential treatment, in terms of rates, packages, etc.. This has led to the opinion that they abusing the market with their anti-competitive behaviour, and I tend to agree. They will undoubtedly fight this tooth and nail so it will likely be a long time before we see any kind of resolution. My question is, what happens to that money should the Competition Commission be successful?
Full details at Business Day.
