THE Competition Commission said on Wednesday it was still studying the remedies set down by the Competition Tribunal in the precedent-setting predatory pricing case against Media24.The commission, which asked for much tougher remedies, is entitled to appeal against the tribunal’s rulings.During the tribunal’s hearing into the remedies, the commission sought an interdict against Media24 preventing it from publishing a further title in the Goldfields area for six years.It also called for Media24 to sponsor a new rival in the area at a cost of R10m. The R10m was to be administered by the Media Diversity Development Agency for three years.Media24 said it was taking advice from its legal team. "This has been a complex matter and is the first time a contravention of this nature has been prosecuted by the competition authorities." The group’s Anika Ebrahim said the company would publish the remedy’s terms and explanation in two newspapers by 26 September, as required by the tribunal.The tr...
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