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    • Vodacom drops spectrum from Neotel buyout deal

      The unit of Britain's Vodafone made the changes to the deal after the Competition Commission, which investigates deals for anti-trust issues, recommended to the Competition Tribunal that the deal should be approved on condition that Vodacom waits two years before using Neotel spectrum.

    • CCI order: Fine soft at 50%; defies Act levy of 300%: Trilegal

      In an analysis of the CCI order penalising cement companies, Rahul Singh, counsel, Trilegal explains to CNBC-TV18 that while the CCI has the discretion according to Section 27 (b) of Competition Act to levy a penalty upto 300% of the profits, it has reduced it to 50%.

    • S.Africa says Wal-Mart could cost thousands of jobs

      Wal-Mart's acquisition of South Africa's Massmart could lead to thousands of job losses and worsening labour conditions, the South African government will argue at a hearing that starts on Monday.

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