Telkom receives approval to buy BCX with conditions

Thursday 14 May 2015 | 16:33 CET | News
South Africa's Competition Commission announced that it has recommended to the Competition Tribunal that Telkom's ZAR 2.7 billion deal to acquire the IT services group Business Connexion be approved with conditions. The Competition Commission found that Telkom, as the largest provider of wholesale leased lines to downstream customers, may have the ability and incentives after the merger to engage in bundling strategies that may result in anticompetitive effects. To address its concerns, the commission has recommended to the tribunal that conditions be imposed. Among the conditions, is that

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Categories: Fixed / IT
Companies: Business Connexion / Telkom
Countries: South Africa
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