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Media companies face prosecution for cartel conduct in South Africa

( February 27, 2018, 16:54 GMT | Official Statement) -- MLex Summary: South Africa's antitrust watchdog has asked the Competition Tribunal to prosecute 28 media companies for fixing prices and trading conditions. The companies agreed to offer similar discounts and payment terms to advertising agencies that placed ads with members of the Media Credit Co-Ordinators, the commission said. The probe started in 2011, and companies besides those 28 have agreed to pay fines.The original statement follows. ...

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