Computicket must pay a penalty of R20 million for uncompetitive behavior
Written by Lethiwe Mdluli on 24 October, 2019
The Competition Appeal Court has dismissed Computicket’s appeal against the Competition Tribunal’s finding that it was guilty of abuse of its dominance.
The tribunal found in January that Computicket’s exclusive agreements with inventory providers had resulted in anti-competitive effects from 2005 to 2010.
The Competition Commission was able to show that the agreements resulted in foreclosure of the market to effective competition.
Computicket was ordered to pay an administrative penalty of 20 million Rands.