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Anti-Competitive

2 Results / Page 1 of 1

Background

Business / Economics

Namibian Competition Commission accuses banks of price-fixing

The Namibian Competition Commission has accused the Payments Association of Namibia and several commercial banks of colluding in price-fixing activities related to card transaction fees. According to the Commission, the banks, which are competitors in the market, allegedly colluded with PAN to collectively set interchange fees, a practice deemed anti-competitive and prohibited by law. Here is the NaCC spokesperson Dina //Gowases with more details.

todayApril 23, 2024 23

Business / Economics

Competition Commission investigates merger violations

The Namibian Competition Commission says there are a few cases that they are currently investigating. In addition, 10 cases of contravention of merger regulations are under investigation and the mergers division is monitoring a further 37 cases. Meanwhile, in respect to anti-competitive conduct, the Commission during 2023, handled 19 investigations, of which six have been completed. Here is the Director of Enforcement and Cartels Division at NaCC, Paulus Hangula with […]

todayDecember 13, 2023 12

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