Tuesday, August 7, 2012

South Africa fines Telkom $54.8 million for unfair practices

A government tribunal fined South Africa's Telkom SA Ltd. US$54.8 million Tuesday over a decade-long case alleging the company used its monopoly to put unfair prices on its competitors.

The decision by the Competition Tribunal of South Africa found Telkom charged its competitors high prices for using its Internet services, while charging much lower fees to its subsidiaries and its customers. The tribunal looked at Telkom's business practices from 1999 to 2004 in making its

More details here...

No comments:

Post a Comment