CompCom suspends advisory opinion services pending outcome of court case

The Competition Commission has suspended its advisory opinion services pending the finalisation of the case against Hosken Consolidated Investments (HCI). This follows a Competition Appeal Court (CAC) judgment ruling against the regulator on the matter. In August last year, HCI request the commission to issue an advisory opinion in which it advised the company to file a proposed transaction. In terms of the transaction, HCI intended to increase its shareholding in Tsogo Sun Holdings to more ...