The Competition Tribunal ruled against Vodacom’s proposed acquisition of Maziv because the merger would permanently harm competition in SA’s telecom sector and negatively affect millions of consumers who rely on affordable internet services.

The reasons for the decision, announced on Friday after a detailed review spanning nearly two years, follows concerns raised by the Competition Commission and various industry stakeholders. The tribunal said the merger’s anticompetitive effects would outweigh any potential public interest benefits...

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