Podcasts about Competition Commission

In The Measure of Progress: Counting What Really Matters, Dame Diane Coyle argues that traditional measures like GDP no longer capture economic realities.Coyle is the Bennett Professor of Public Policy at the University of Cambridge. She is also the director of the Productivity Institute, a fellow of the Office for National Statistics, and a member of the UK's Competition Commission. Drawing on her deep expertise, she proposes an alternative framework for measuring productivity that enables better policymaking.In her conversation with Nikolaus Lang, global leader of the BCG Henderson Institute, she discusses the shortcomings of GDP—such as a lack of accounting for immaterial goods or natural capital, alternative measures of progress, and how corporate leaders should rethink their approach to measurement.Key topics discussed: 01:32 | The shortcomings of GDP as a measure of productivity09:14 | The issues of inflated GDP statements11:12 | Alternative measures of productivity and progress13:47 | A time-based approach to measuring productivity16:39 | How productivity measurement works in practice18:57 | Implications for corporate leadersAdditional inspirations from Diane Coyle:Cogs and Monsters: What Economics Is, and What It Should Be (Princeton University Press, 2021)GDP: A Brief but Affectionate History (Princeton University Press, 2015)The Soulful Science: What Economists Really Do and Why It Matters (Princeton University Press, 2009)Sex, Drugs and Economics: An Unconventional Intro to Economics (Texere, 2002)

To get your dose of daily business news, tune into Mint Top of the Morning on Mint Podcasts available on all audio streaming platforms. https://open.spotify.com/show/7x8Nv1RlOKyMV5IftIJwP1?si=bf5ecbaedd8f4ddc This is Nelson John, and I'll bring you the top business and tech stories, let's get started. RBI Allows Minors Aged 10+ to Operate Bank Accounts In a push for early financial literacy, the Reserve Bank of India has allowed minors aged 10 and above to open and operate savings and term deposit accounts independently. Banks may also offer internet banking, ATM cards, and cheque books to these accounts, based on their risk policies. However, overdrafts are strictly prohibited. For children under 10, accounts must be managed by a parent or legal guardian — including mothers. Banks must update internal policies by July 1, 2025, and perform due diligence at onboarding and beyond. Modi and Vance Signal Breakthrough on India-US Trade Deal Prime Minister Narendra Modi and visiting US Vice President J.D. Vance said they've made “significant progress” on the India-US bilateral trade agreement, aiming to reduce trade barriers and boost economic ties. In Delhi, the two leaders discussed cooperation across defence, tech, energy, and semiconductors. The talks build on Modi's February visit to Washington and follow brief interactions in Paris. Modi also confirmed plans to host President Trump later this year, expected to deepen what officials call a people-driven strategic partnership amid rising global protectionism. Maharashtra Cracks Down on Ola Electric Over Missing Permits The Maharashtra transport department has shut down 75 Ola Electric stores and ordered the closure of 46 more for operating without mandatory trade certificates. Transport Commissioner Vivek Bhimanwar confirmed that an additional 270 stores are under scrutiny. Raids in Mumbai and Pune led to the seizure of 192 unregistered vehicles. Ola claims it's transitioning from distribution centers to a direct-to-consumer model, and is working to bring all stores into compliance. Maharashtra, Ola's biggest market, accounted for 12% of its FY25 sales. The crackdown comes as Ola trails Bajaj and TVS in monthly retail rankings, and its stock has dropped 38% year-to-date. Google Pays ₹20 Crore to Settle India Antitrust Case Google has become the first company to use India's new settlement framework, paying ₹20.24 crore to resolve an antitrust probe by the Competition Commission of India (CCI). The case centered around Google's contracts with smart TV makers, which allegedly forced bundling of Play Store and Play Services and blocked rival Android forks. Under the New India Agreement, Google must now unbundle these services for smart TVs sold in India. The settlement, offered with a 15% discount, followed input from 45 stakeholders. The move comes as the EU considers similar action against Big Tech, especially amid tensions with the US over tariffs. Xiamen Airlines Returns Boeing Jet Amid US-China Trade War In a sharp blow to Boeing, China's Xiamen Airlines returned a new 737 MAX to the US, citing high tariffs on American imports. The jet, already painted in Xiamen's livery, landed at Boeing's Seattle base after being pulled from the company's Zhoushan plant in China. The reversal follows a fresh tariff war: 145% US tariffs on Chinese goods, countered by 125% Chinese tariffs on US imports. The price hike made the $55 million aircraft financially unviable. China has asked its airlines to pause Boeing purchases and is exploring support for carriers with leasing agreements. With 20% of Boeing's projected global demand tied to China, the move adds pressure to an already strained US-China relationship. Boeing has not commented on the return.

How to measure the good life? According to Cambridge University's Professor of Public Policy, Diane Coyle, quantifying progress doesn't involve traditional economic metrics. In her new book, Measure of Progress, Coyle discusses how economic metrics like GDP, designed 80 years ago, are increasingly inadequate for measuring today's complex economy. She argues we need new approaches that account for digital transformation, supply chains, and long-term sustainability. Coyle suggests developing human-centric balance sheet measures that reflect true progress beyond simple growth numbers. Five Key Takeaways * Economic metrics like GDP were developed 80 years ago and are increasingly outdated for measuring today's complex digital economy with global supply chains.* We lack adequate tools to measure crucial modern economic factors such as data usage, cloud services, and cross-border supply chains.* Economic statistics have always been political in nature, from their historical origins to present debates about what counts as progress.* Coyle advocates for a "balance sheet" approach that considers long-term sustainability of resources rather than just short-term growth figures.* While productivity growth has slowed for many middle-income families over the past 20 years, Coyle rejects "degrowth" approaches, arguing instead for better metrics that capture true progress in living standards.Professor Dame Diane Coyle is the Bennett Professor of Public Policy at the University of Cambridge. Diane co-directs the Bennett Institute where she heads research under the themes of progress and productivity. Her latest book is 'Cogs and Monsters: What Economics Is, and What It Should Be', exploring the challenges for economics particularly in the context of digital transformation. Her current research focuses on productivity and on economic measurement: what does it mean for economic policy to make the world ‘better', and how would we know if it succeeds?Diane is also a Director of the Productivity Institute, a Fellow of the Office for National Statistics, and an expert adviser to the National Infrastructure Commission. She has served in public service roles including as Vice Chair of the BBC Trust, member of the Competition Commission, of the Migration Advisory Committee and of the Natural Capital Committee. Diane was Professor of Economics at the University of Manchester until March 2018 and was awarded a DBE for her contribution to economic policy in the 2023 King's Birthday Honours.Keen On America is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe

The latest Household Affordability Index by the Pietermaritzburg Economic Justice & Dignity Group has painted a grim picture of the cost of basic food items in South Africa. The index found that the average cost of South Africa's Household Food Basket increased by 0.3% in March, from R5 313,22 in February 2025. Consumers continue to buckle under the country's high cost of living, despite a decision by Finance Minister, Enoch Godongwana to add more VAT zero-rated food items. Sakina Kamwendo spoke to Pietermaritzburg Economic Justice & Dignity Group Advocacy Coordinator, Sibusiso Mboto. Meanwhile, the Competition Commission's Essential Food Price Monitoring report has noted a slight decrease in poultry and egg producer prices after avian flu, which affected the industry in 2023. Sakina Kamwendo spoke to Competition Commission Senior Economist, Kagiso Zwane

Amy MacIver is joined by Donald MacKay, CEO of XA Global Trade Advisors, for a sharp and insightful look at the high-stakes decisions surrounding South Africa’s largest-ever review of steel tariffs. They discuss the potential fallout for thousands of importers, the risks of introducing import controls and preferential pricing, and whether mini-mills can fill the gap left by ArcelorMittal’s mill closures.See omnystudio.com/listener for privacy information.

It's Tuesday, March 18th, 2025. This is Nelson John, let's get started.  India's Solar Growth Faces Execution Challenges Despite crossing 200 GW in renewable capacity, India's solar energy adoption remains slow, contributing under 10% to its electricity mix. While solar capacity surged from 3.7 GW in 2015 to over 100 GW, issues like weak transmission infrastructure, land acquisition delays, and hesitant power distributors persist. Moreover, the US SEC is probing Adani Green and Azure Power over alleged bribery in solar contracts. Experts suggest grid modernization, better state-Centre coordination, and rooftop solar expansion as key solutions to achieve the 500 GW renewables target by 2030. ABD Bets on Premium Liquor Amid Market Slowdown With India's liquor market cooling, Allied Blenders and Distillers (ABD) is focusing on premiumization. The maker of Officer's Choice aims to raise its “prestige-and-above” segment share from 42% to 50% and launch two to three brands next fiscal. Managing Director Alok Gupta sees macroeconomic headwinds but remains bullish on high-end spirits like gin brand Zoya and single malt Arthaus. ABD is also expanding production and partnering with Ranveer Singh to drive brand growth, targeting double-digit value gains. India Braces for US Tariff Impact, Eyes Trade Diversification India's exports to the US may dip 3-3.5% if Washington enforces reciprocal tariffs in April. With a $35.3 billion trade surplus, India is under scrutiny as the US targets nations with higher import duties. However, India's FTAs and diversification into global supply chains could soften the impact. The US's 25% tariff on steel and aluminum imports might even benefit India by easing competition. As US economic growth slows, India must prioritize value-added exports and alternative trade routes via West Asia. UNO Minda's EV Expansion Faces Market Realities India's auto industry grew 7% YoY in Q3FY25, but weak passenger and commercial vehicle sales weighed on momentum. EV registrations jumped 37%, boosting component maker UNO Minda, whose stock initially soared 60% on its EV push. However, with EVs contributing under 6% to revenue, shares corrected 30%. Minda continues investing in high-voltage powertrain components and expanding in Indonesia. While rising costs and debt pose challenges, rural two-wheeler demand and operational efficiencies could aid long-term growth. Meta Battles CCI Over WhatsApp Data Sharing Meta is challenging a Competition Commission of India (CCI) order banning WhatsApp from sharing user data with Facebook and Instagram, along with a ₹213 crore fine. The National Company Law Appellate Tribunal (NCLAT) will decide on May 13 whether to hear Meta's appeal before or after India's new digital data protection rules take effect. Meta argues that the forthcoming framework makes the CCI's ruling redundant, but regulators insist the case should proceed now. If NCLAT delays proceedings, it would mark a legal win for Meta. However, with India tightening data laws, Big Tech's data dominance remains under scrutiny.

The episode covers key aspects of competition law in India, focusing on the Competition Commission of India's (CCI) approach to mergers and anti-competitive practices. The CCI scrutinizes deals where combined market shares exceed 30-40%, particularly among competitors, but has never blocked a transaction since the merger control regime began in 2011. Indian law generally treats companies and their subsidiaries as a single economic entity, except in bidding markets where group companies must avoid sharing sensitive information. The conversation highlights India's evolving competition law, drawing from mature jurisdictions while tailoring rules for the local market. Foreign investors are typically well-informed about Indian competition laws, aligning with approval processes and rules. The evolving legal landscape is seen as an exciting time for competition law practitioners in India.Our GuestVaibhav ChoukseVaibhav is a Partner in the Firm's Competition Law Practice with over 16 years of experience. He has been practicing competition law since its inception in India, specializing in complex litigation, and merger control, advising clients across diverse industries. His expertise spans complex competition matters before the Competition Commission of India (CCI) and appellate courts.In litigation, Vaibhav routinely advises multinational corporations and industry associations on cartel investigations and leniency, dawn raids, vertical agreements, abuse of dominance, and competition compliance. He has successfully defended global auto-component manufacturers, a multiplex operator, and a leading paper manufacturer in cartel cases. He currently advises major players in the seed, pharmaceutical, cement, and financial sectors in ongoing cartel and vertical restraint investigations. In abuse of dominance matters, he represents Hyundai and Ford in India's first auto-parts aftermarket abuse case and FabHotels in India's first MFN case against MakeMyTrip and OYO. He also represented Nuziveedu Seeds in its abuse of dominance case against Monsanto before the CCI and Delhi High Court. He is also involved in constitutional and procedural challenges to CCI investigations before various High Courts. Recently, he secured a stay on the CCI's investigation against sellers on a leading e-commerce platform from various High Courts.In merger control, he has secured approvals for complex transactions, including ONGC/ NTPC/ Ayana Renewable, Del Monte/ Agro Tech Foods, Coforge/Cigniti, BPEA EQT/Indira/ HDFC Credila, Temasek/Manipal Hospitals, KKR/Hero Future Energies, IBM/Kyndryl, TVS Group restructuring, Ford/Mahindra, Goldman Sachs/ReNew Power (SPAC), and Trafigura/Essar Oil.A prolific author and speaker, Vaibhav contributes to leading competition law journals and newspapers and frequently speaks at industry forums. He is recognized among India's top competition lawyers by Chambers & Partners, Who's Who Legal, Legal500, Forbes Powelist, AsiaLaw, and Global Competition Review.  Vaibhav was recently recognized in Asian Legal Business (ALB) Asia 40 Under 40, 2024 as one of Asia's top 40 legal talents under 40, distinguished as the only competition lawyer on the list.He holds a master's degree in Competition Law from King's College London, where he had the privilege of studying under Prof. Richard Whish KC (Hon) in EU Competition Law. Our HostAjay ShamdasaniAjay Shamdasani is a veteran writer, editor and researcher based in Hong Kong. He holds an AB in history and government from Ripon College, JD and MIPCT degrees from the University of New Hampshire Franklin Pierce Law School, and an LLM in financial regulation from the Illinois Institute of Technology's Chicago-Kent College of Law.His 15-year long career as a financial and legal journalist began as deputy editor of A Plus magazine – the journal of the Hong Kong Institute of Certified Public Accountants. From there, he assumed the helm of Macau Business magazine as its editor-in-chief, and later, joined Asialaw magazine as its deputy editor.More recently, he spent close to seven years as a senior correspondent with Thomson Reuters' subscription-based trade-wire service Regulatory Intelligence/Compliance Complete (previously called Complinet) in Hong Kong. While there, he covered regulatory developments in that city, as well as Singapore, India and South Korea.

Lester Kiewit speaks to The Continent’s Kiri Rupiah for the Africa Report. This week they discuss the Competition Commission taking on Google in SA, threats against Ecowas forcing them to leave Guinea-Bissau, and Zimbabwe’s president considering a third term.See omnystudio.com/listener for privacy information.

In this episode, Richard Westcott talks to Diane Coyle, Jacques Crémer, and Paul Seabright about Europe's position in competing with the US in technology. They explore the factors shaping Europe's place in the global tech race—how data, policy, investment, competition and culture influence its potential to compete with the US.Our experts unpack the challenges and opportunities for Europe's tech ecosystem. They consider whether Europe should aim to catch up with the US or focus on carving out its own path, questioning what success in innovation really looks like. Along the way, they discuss the role of data, risk-taking, the challenges of scaling up new ideas, and the structural and policy changes needed to support innovation in Europe.This episode is hosted by Richard Westcott (Cambridge University Health Partners and the Cambridge Biomedical Campus), and features experts Diane Coyle (Bennett Institute for Public Policy, University of Cambridge), Jacques Crémer (IAST), Paul Seabright (IAST)Season 4 Episode 6 transcriptListen to this episode on your preferred podcast platformFor more information about the Crossing Channels podcast series and the work of the Bennett Institute and IAST visit our websites at https://www.bennettinstitute.cam.ac.uk/ and https://www.iast.fr/.Follow us on Linkedin, Bluesky and X. With thanks to:Audio production by Steve HankeyAssociate production by Burcu Sevde SelviVisuals by Tiffany Naylor and Aurore CarbonnelMore information about our host and guests:Podcast hostRichard Westcott is an award-winning journalist who spent 27 years at the BBC as a correspondent/producer/presenter covering global stories for the flagship Six and Ten o'clock TV news as well as the Today programme. Last year, Richard left the corporation and he is now the communications director for Cambridge University Health Partners and the Cambridge Biomedical Campus, both organisations that are working to support life sciences and healthcare across the city. @BBCwestcottPodcast guestsDiane Coyle is the Bennett Professor of Public Policy at the University of Cambridge. Diane co-directs the Bennett Institute where she heads research under the themes of progress and productivity. Diane's new book (April 2025) ‘The Measure of Progress: Counting what really matters' explores how outdated economic metrics are distorting our understanding of today's digital economy. Diane is also a member of the UK Government's Industrial Strategy Council, New Towns Taskforce, and advises the Competition and Markets Authority. She has served previously in a number of public service roles including as Vice Chair of the BBC Trust, member of the Competition Commission, and of the Natural Capital Committee. Diane was awarded a DBE in 2023 for her contribution to economics and public policy. @DianeCoyle1859Jacques Crémer is Professor at the Toulouse School of Economics. He is a Fellow of the Econometric Society and of the European Economic Association. He has been the first director of the Digital Center since 2015.  In 2018-2019, as a Special Adviser to European Commissioner Margrethe Vestager, he co-authored the report “Competition Policy for the Digital Era”. Jacques has done fundamental work on planning theory, auctions, incentive t

Stephen Grootes speaks to Ntobeko Rapuleng, Senior Associate in Competition Law at Cliffe Dekker Hofmeyr about the Competition Commission's draft guidelines on internal restructuring and what this means for businesses undergoing significant changesSee omnystudio.com/listener for privacy information.

Nhlanhla Sehume speaks to Mudiwa Gavaza, Tech Journalist at Business DaySee omnystudio.com/listener for privacy information.

The Competition Commission is girding itself for a fight with Big Tech companies like Google and Meta Platforms after publishing its provisional findings in its investigation into the impact that Big Tech has had on the South African news media sector. To unpack the provisional report, which was published on Monday, Competition Commission senior analyst and technical lead Donnavan-John Linley joined the TechCentral Show to discuss the findings. He chats about how the commission is attempting to assist local publishers deal with the rise of competing social media platforms owned by US tech giants and why the regulator is determined to intervene in the market to support the funding of journalism in South Africa in the digital age. Linley tells TechCentral editor Duncan McLeod about: • Why the Competition Commission decided to initiate its probe into digital platforms and the impact these platforms are having on South Africa's news media; • The findings contained in the provisional report and why the commission reached the conclusions it did – including its recommendation that Google pay as much as R500-million/year in “compensation” over a three- to five-year period in an effort to level the playing field; • The likely reaction from Big Tech to the commission's proposals, and what might happen if they don't agree to play ball; • The risk of provoking a backlash from the Donald Trump administration – already Trump has accused the EU of using antitrust fines levied on US tech companies as a form of taxation and threatened retaliation in response; • How the proposed compensation of the local news media might work, and who would be eligible to receive the funding from Google; • The impact of artificial intelligence on the South African media industry and how the commission has dealt with this in its provisional report; and • Whether the commission's findings amount to regulatory overreach – are the proposals it has made really warranted, or is the media industry simply experiencing capitalism's “creative destruction” that will ultimately drive innovation in news media? Don't miss a great interview! TechCentral

Anton Harber, Executive Director of the Campaign for Free Expression and a long-time advocate for press freedom, joins John Maytham to unpack the implications of the South African Competition Commission’s provisional report. The report, following a 16-month inquiry, examines the impact of digital platforms on the news industry and recommends measures to ensure fair value sharing between tech giants and local media. Will these recommendations reshape the media landscape? Could tech companies face financial penalties for non-compliance? And what does this mean for the future of journalism in South Africa?See omnystudio.com/listener for privacy information.

The South African National Editors' Forum (Sanef) has welcomed a provisional report by the Competition Commission, which found that tech giants Meta, Google, X, and YouTube have significantly harmed South Africa's media industry. This after the Commission ordered Google to pay local news outlets up to R500 million annually in compensation for using their content. For reaction Elvis Presslin spoke to Sanef's Deputy Chairperson, Tshamano Makhadi...

Lester Kiewit speaks to Media Monitoring Africa director William Bird about the state of local media following an inquiry by the Competition Commission on the effect of tech giants like Meta and Google in the media and digital space in South Africa.See omnystudio.com/listener for privacy information.

Competition Commission Secures R100 Million Public Interest Commitment in Price-Fixing Settlement by Radio Islam

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Tuesday, January 21, 2025. This is Nelson John, let's get started. As Donald Trump begins his second term as US President, there's a lot of speculation about how his policies might unfold, especially when it comes to India. With control over both the House and the Senate, Trump is well-positioned to push through his agenda, which remains as unpredictable as ever. His priorities? Slapping hefty tariffs on imports to boost American manufacturing, cutting taxes, and taking tough measures on immigration, writes N Madhavan. Right off the bat, Trump plans to sign around 100 executive orders that could reshape U.S. policies on everything from immigration to trade. These moves could have a big ripple effect globally. For India, things look relatively positive, as ties between the two countries were pretty solid during Trump's first term, thanks to strong personal chemistry between Trump and Indian Prime Minister Narendra Modi. However, there are potential challenges. Trump's tariffs on Chinese goods could spark a trade war, slowing down the global economy and affecting Indian exports. Plus, there's the issue with H1B visas, crucial for India's tech industry, which are caught in a tug-of-war within Trump's support base. The Competition Commission of India (CCI) recently fined Meta Platforms Inc. ₹ 213 crore for alleged abuse of dominance related to Meta-owned WhatsApp's 2021 privacy policy update. This decision has sparked discussions about the potential conflict between CCI and sectoral regulators. This is particularly relevant with the new Digital Data Protection Act of 2023, which allows data processing with informed consent. CCI's ruling stops WhatsApp from sharing user data with other Meta entities for advertising for five years. This raises concerns about alignment with future regulations from the Data Protection Board of India, which will oversee data usage based on user consent. This situation highlights the tension between protecting competition and fostering innovation and user autonomy in the digital economy, reports Gireesh Chandra Prasad.   India's market regulator, SEBI, is intensifying its surveillance on penny stocks and micro-cap companies that show unusually high gains, which could indicate speculative trading. This move aims to safeguard retail investors, especially the millions of new traders who joined the market during the pandemic. The concern is that these stocks might not have earnings that justify their soaring prices, despite the Nifty Microcap Index rising by 21.7% in the past year. SEBI's strategy includes educational efforts to help investors recognize the risks associated with these investments and avoid falling for unverified tips on social media, Neha Joshi reports.India's PM Internship Scheme, initially aimed at providing 10 million internships through the top 500 corporations by CSR spending, may soon include MSMEs. This inclusion aims to enhance employment opportunities as micro, small and medium enterprises are vital to the Indian economy, employing over 216 million people. The scheme offers a 12-month internship with a stipend of Rs 5,000 per month—Rs 4,500 funded by the government and Rs 500 by the industry—plus a one-time payment of Rs 6,000 upon securing an internship. Rituraj Baruah and Manas Pimpalkhare report that discussions are ongoing about integrating MSMEs that are part of the supply chain of larger corporations into this scheme. This move is expected to be announced in the upcoming union budget. The pandemic paradoxically sparked a boom for India's PVC and steel manufacturers, with disrupted global supply chains causing a sharp increase in domestic prices. However, this high was short-lived as China's stringent covid policies in 2022 led to an influx of low-priced Chinese imports, significantly impacting Indian industries. As Donald Trump threatens to increase the tariffs on Chinese goods, there is rising concern that such a move could redirect an increased volume of Chinese products to India. This shift could exacerbate challenges for Indian manufacturers, who are already grappling with the influx of low-priced imports that undercut local production. This situation poses a significant threat to India's industrial sectors, particularly in steel and PVC manufacturing, as these struggle to compete with cheaper, imported goods. N Madhavan writes about how India can escape a dumping flood from China.

Viv Govender of Rand Swiss shares insights on the Biden administration's updated export rule for AI chips, which has knocked Nvidia and ETFsa's Nerina Visser on understanding the distribution Sens announcements from ETFs. Ruan Maré of the Competition Commission on the fresh produce market inquiry that has far-reaching implications for some listed stocks.

Nicholas Lorimer and Sara Gon discuss the 2024 matric pass rate, the illegal miners in Stilfontein and the Competition Commission report on Supermarkets. Website · Facebook · Instagram · Twitter

This evening we look at the markets with FNB Wealth and Investments, Sanlam Private Wealth discusses Reinet disposing of its BAT shares, Dr Iraj Abedian unpacks the findings of the WEF 2025 Future of Jobs report, we speak to Forvis Mazars regarding the tax to blame for SA's high tech prices, and in our Agri Focus segment we speak to the Competition Commission about its fresh produce market final report and recommendations. SAfm Market Update - Podcasts and live stream

John Maytham speaks with Ruan Maré, the Technical Director of the Competition Commission’s Fresh Produce Market Inquiry, about today’s release of findings uncovering competition barriers in South Africa’s fresh produce sector. They discuss the impact on pricing, market access, and proposed reforms to create a fairer and more competitive market.See omnystudio.com/listener for privacy information.

Stephen Grootes speaks to Deputy Commissioner Hardin Ratshisusu about the final report of its Fresh Produce Market Inquiry, which unveils the findings of an in-depth investigation into the fresh produce sector, aiming to promote fairness, inclusivity, and sustainability.See omnystudio.com/listener for privacy information.

India is now one of the most important competition law jurisdictions in the world. With direct court action against anti-competitive practices not an option, how can a third party seek to persuade the Competition Commission of India to become involved? Abir Roy, partner and co-founder of Sarvada Legal, joins Matthew Roberts and Matthew Hall to discuss the underlying rules and practical issues involved in bringing an information (complaint) before the CCI. Listen to this episode to learn more about precedent cases, the evidence required, the various stages of an investigation, timeframes, confidentiality, remedies, the availability of compensation and other issues involved in this area. With special guest: Abir Roy, partner and co-founder, Sarvada Legal Related Links: Order in Alphabet/Google case 2022 Order in Alphabet/Google case 2024 Competition Commission of India webpage (Filing of Information) Competition Commission of India press release (Meta fine) Hosted by: Matthew Reynolds, Huth Reynolds LLP and Matthew Hall, McGuireWoods London LLP

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Tuesday, December 24, 2024. This is Nelson John, let's get started.In August, a U.S. federal judge ruled that Google's operations violated antitrust laws, particularly concerning its dominance with Search. India's stance isn't far from that of the U.S.'s. The Competition Commission of India has been actively investigating similar concerns and has already fined Google for monopolizing mobile apps and operating systems. Like the U.S., India's investigations are ongoing and have seen local publishers accusing Google of unfair practices related to ad revenues. Google's Search and Chrome are critical to the company's financial health, bringing in over half of its quarterly revenue and boasting a 68% browser market share globally. Changes mandated by the courts could force Google to rethink its business strategies, especially if it has to stop making Google Search the default on devices, potentially opening the door for more competition. Shouvik Das explains how changes at Google could affect your experience of browsing the net on your phone. As the year draws to a close, it's the perfect time to reflect on some of the standout stories by our team of reporters, writers, and columnists. Explore the Best of 2024 through these curated collections, highlighting the best of the year, Click on the links in the show notes and read on! In 2024, India's housing finance sector saw a significant jump in fundraising, pulling in $826.8 million—a massive leap from $82.6 million the previous year. This surge in investment is thanks to venture capital and private equity firms looking for stable assets amid rising housing demands. Experts are buzzing about the potential of affordable housing finance, especially as it expands beyond the metros into Tier 3 and 4 towns. Apoorve Goyal from Prosus highlighted the sector's growth prospects and low-risk allure, noting that even tech-first investors are now tapping into this market. Nithya Easwaran from Multiples pointed out the solid credit performance of these investments, even during tough times like the pandemic. With India's home loan market projected to grow significantly in the next few years, fueled by urbanization and income growth, there's a lot of action expected in this space, Priyamvada C reports.The thrill of live concerts in India has been marred by infrastructure woes, with recent performances by stars like Diljit Dosanjh and AP Dhillon underscoring the urgent need for improvement. Despite the excitement around shows and willingness of fans to pay up to ₹35,000 for a ticket, artists and promoters face challenges like inadequate venues, poor sanitation, and complex logistics, especially outside major cities. Diljit Dosanjh, expressing frustration, has even vowed not to perform in India until there's significant improvement in the concert setup. The main venues available—grounds, cultural centres, or stadiums—often lack the necessary facilities for high-caliber events. Obtaining permissions and licenses adds another layer of complexity, particularly when using stadiums, as regulatory restrictions often protect the pitches from damage. Pratishtha Bagai and Lata Jha report on how a lack of infrastructure is causing artists to stay away from the stage. The effects of climate change are becoming increasingly tangible, affecting everyday life across the globe. In India, the impacts are stark, with severe heat waves, deadly floods, and persistent droughts making headlines in 2024. The year 2024 witnessed frequent and severe climate-driven disasters, such as the heat-induced fatalities during the Lok Sabha election and the catastrophic landslides in Kerala's Wayanad. Such events highlight a grim reality: climate catastrophes are becoming the new normal, signaling an era of increased instability. The intensification of these disasters is evident, with the Indian Ocean's temperatures rising, fueling more powerful cyclones and altering rainfall patterns, directly impacting agriculture and water resources. Globally, 2024 is set to be the hottest year on record, with average temperatures surpassing the critical 1.5 degrees Celsius mark above pre-industrial levels. Bibek Bhattacharya delves deep into the problem of climate change, staring us in the face as we move on to 2025. Indians are increasingly choosing premium air travel on metro routes, driven by rising aspirations and a rebound in corporate travel. Demand for business and premium economy seats has surged 50-60%, nearly doubling fares within a year, reports Daanish Anand. Business class comprises 5-6% of India's air travel market, below the global average of 9.2%. Airlines like IndiGo and Air India are expanding premium offerings. However, soaring fares—now ₹45,000-85,000 domestically—have sparked concerns about affordability and competitiveness with international travel options. Show notes: 2024: Year in ReviewBest of 2024: Profit PulseBest of 2024: Plain FactsBest of Vivek Kaul in 2024Best of 2024: Mint Money

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Thursday, December 19, 2024. This is Nelson John, let's get started. Adar Poonawalla's recent dive into Bollywood, in which he snagged a 50% stake in Karan Johar's Dharma Productions for a cool ₹1,000 crore, isn't just a one-off. It hints at a bigger potential shift across Bollywood. Poonawalla, known best for producing vaccines, teaming up with a giant like Dharma Productions could just set off a trend. Industry insiders weren't taken aback by this development, as Dharma had been actively seeking fresh funding amid a string of less-than-stellar box office returns and cooling interest from streaming platforms. Before Poonawalla stepped in, giants such as Saregama and Reliance Industries were also in the running, highlighting the attractiveness of film studios as potential investment opportunities for diverse business conglomerates. This move could encourage more such strategic investments, writes Lata Jha. It could also reshape how Bollywood studios align themselves with broader business interests, potentially leading to a wave of revitalisation that could impact content creation, distribution and marketing strategies across the industry.Despite allegations of anti-competitive practices by Zepto, Instamart and Blinkit, the Competition Commission of India is unlikely to launch an investigation into quick commerce companies. Sources told Dhirendra Kumar and Gireesh Chandra Prasad that the information provided to CCI didn't convince them there was any anti-competitive behaviour that warranted further examination. This booming sector, projected to hit $6 billion in sales by 2024, seems too competitive and beneficial to consumers for the CCI to take action on its own. Meanwhile, concerns persist among traditional retailers, represented by the All-India Consumer Products Distributors Federation. They claim the platforms' allegedly predatory pricing and inadequate enforcement of FDI rules could threaten traditional retailers, and are urging a closer look to prevent potential monopolistic outcomes.Sebi's tightening of rules in India's F&O market aims to cool intense retail trading driven by expectations of quick profits and the gamification tactics of brokerages. Measures such as increasing index contract sizes to ₹15-20 lakh and adding a steep 14% loss margin for contract sales on expiry days kicked in on November 20. More rules such as upfront collection of option premiums by brokerages are expected to take effect in February 2025. For retail investors, these higher barriers mean trading in F&O will require more money and a deeper understanding of the markets—essentially pushing out those looking for quick, easy profits. Brokerages, particularly discount ones such as Zerodha and Angel One, could take a hit to their bottom lines as reduced volumes will force them to rethink pricing or diversify their services. Abhinanda Saha takes a look at this new era in India's F&O market. In India, companies are stepping up their game on diversity hiring for roles ranging from software development to mechanical engineering. They're not just looking to fill positions – they're trying to show they're progressive and uphold strong corporate governance. From big names such as Robert Bosch GmbH and IBM Corp to Noida's Coforge Ltd, there's a growing trend of including people from diverse backgrounds, including those who are differently abled. For example, over at R.V. College of Engineering in Bengaluru, they've already recruited 26 students under diversity categories this year. This push towards diversity isn't just about doing good; it's also about looking good, reports Jas Bardia. Companies are increasingly aware that strong diversity practices boost their brand and appeal to investors who value robust environmental, social and governance (ESG) standards. This is in stark contrast to the US, where some big companies and universities are pulling back on their diversity initiatives, wary of running afoul of anti-discrimination laws.TVS Credit is in talks to buy Avendus Capital from KKR, aiming to boost its financial services, sources told Ranjani Raghavan. It's considering funding the purchase through internal accruals and may consider debt later. KKR, which invested $120 million in Avendus in 2015, appointed Rothschild after Nomura withdrew from facilitating the sale. Avendus, known for its strong investment banking and startup advisory services, could be valued between $500 and $700 million for a 70% stake. Serious bidders include Mizuho and Carlyle, but a final decision is likely to be pushed to January owing to the holidays. A successful bid could significantly expand TVS's financial-sector footprint, adding investment banking and asset management to its portfolio.

Today's Daily Friend Show with Chris Hattingh, Anlu Keeve and Nicholas Lorimer. They discuss the announcement by the SACP to contest the local government elections independent of the ANC. They also discuss trouble at the Competition Commission and big problems in Joburg. Subscribe on Google Podcasts · Subscribe on Apple Podcasts · Subscribe on Spotify · Website · Facebook · Instagram · Twitter

Significant changes to the Indian merger control regime came into effect in September 2024. But what has happened? Nisha Kaur Uberoi, partner at JSA law firm in Mumbai, joins Puja Patel and Matthew Hall to discuss the changes and their likely practical impact on transactions affecting India. Listen to this episode to learn more about the changes including the new deal value threshold, the codification of the material influence test for control, new timelines and procedure and the impact of new definitions on the use of the Green Channel route for approval. With special guest: Nisha Kaur Uberoi, partner, JSA advocates & solicitors Related Links: JSA article, "What the overhaul of India's merger control regime means", 24 September 2024 India Competition Act, 2002 Competition Amendment Act, 2023 Competition Commission of India (Combinations) Regulations, 2024 Competition (Criteria for Exemption of Combinations) Rules, 2024  Notifications of the changes Hosted by: Puja Patel, A&O Shearman US LLP and Matthew Hall, McGuireWoods London LLP

In this episode of the BizNews Briefing, host Alec Hogg is joined by Piet Viljoen of Re:CM; Evan Walker of 36ONE; Anthony Ginsberg of Ginsglobal (from California); Gerhard van Deventer, Enforcement director at the FSCA; and Jason Welz, head of crypto at Jaltech.

Join us for today's BizNews Newswrap as we delve into the Financial Sector Conduct Authority's crackdown on fraud, spotlight Shoprite's impressive sales growth, and analyze the implications of the Competition Commission's recent decisions. We also unpack Google's strong earnings report and explore the latest trends in Bitcoin and gold prices. Stay informed with expert insights and key updates from the world of business!

Value investor Piet Viljoen discussed the South African Competition Commission's impact on the country's market dynamics. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

Stephen Grootes speaks to James Hodge, Acting Deputy Commissioner and Chief Economist, about the South African Competition Commission's bold move to tackle unfair competition from international e-commerce giants like Temu and Shein, and its plans to protect local retailers and the economy.  In other interviews on this episode of The Money Show, Dr. Judy Dlamini, renowned businesswoman, author, and Chancellorof the University of the Witwatersrand, talks about her remarkable journey, from first jobs to financial wisdom, sharing valuable lessons learned along the way. See omnystudio.com/listener for privacy information.

About a month ago, news broke about Reliance's plans to merge Disney+ Hotstar with JioCinema after their Star-Viacom18 merger. While the merger is pending approvals from the Competition Commission of India, data from Google Play Store data shows Disney+ Hotstar had over 500 million downloads while JioCinema had over 100 million downloads.While the idea makes sense from a consumer's perspective who has to deal with too many subscriptions and too many choices, things don't quite add up from a strategic perspective for Reliance.Tune in.DAYBREAK UNWIND RECOMMENDATIONS for "favourite murder mystery."Snigdha: We Have Always Lived in The Castle by Shirley JacksonRahel: Nancy Drew by Carolyn Keene (The Phantom of Venice)Devansh: Blood on the Tracks by Shūzō OshimiVenkat: Agent Sai Srinivasa Athreya, 2019 (movie)Vaidehi: Glass Onion: A Knives Out MysteryRohith: Jane Jaan, 2023 (movie)Ashish: Sharp Objects by Gillian FlynnHari: Dial M for MurderDaybreak is now on WhatsApp at +918971108379. For next Thursday's Unwind, send us your recommendations to us as texts or voice notes. The theme is "favourite folk songs."

We've been having discussions about Consumer Prices - and how they don't come down, even when fuel prices have decreased. Our Finance Guru Zinathi Gquma is here to discuss that with us... See omnystudio.com/listener for privacy information.

In this episode of The Core Report: Weekend Edition, Govindraj Ethiraj explores the fascinating intersection of science and culture at the Science Gallery in Bengaluru. Join us as we discover how this public institution is engaging young minds through research-based interactions and promoting critical thinking.Our guests, Jahnavi Phalkey, Founding Director of Science Gallery, and Rohini Nilekani, Chairperson of Rohini Nilekani Philanthropies, share their insights on the importance of public spaces in advancing scientific understanding. From the historical context of science to the future of interdisciplinary research, this episode offers a thought-provoking discussion on the role of science in society.About Jahnavi Phalkey Jahnavi Phalkey is a filmmaker and historian of science and technology. Formerly at King's College London, she is now the Founding Director of Science Gallery Bengaluru and Sir Asutosh Mukherjee Visiting Professor at the National Institute of Advanced Studies.She has been a Fellow at the Wissenschaftskolleg zu Berlin (2013-14) following which she was on secondment to the Science Museum London as external curator (2013-2015).About Rohini NilekaniRohini Nilekani is the Chairperson of Rohini Nilekani Philanthropies and Co-founder and Director of EkStep, a non-profit education platform. She is also the Founder and Former Chairperson of Arghyam, a foundation she set up in 2001 for sustainable water and sanitation, which funds initiatives across India. From 2004 to 2014, she was Founder-Chairperson and chief funder of Pratham Books, a non-profit children's publisher that reached millions of children during her tenure. She sits on the Board of Trustees of ATREE, an environmental think tank. In the past, she has served on the Audit Advisory Board of the Comptroller and Auditor General of India and the Eminent Persons Advisory Group of the Competition Commission of India.Listeners! We await your feedback....The Core and The Core Report is ad supported and FREE for all readers and listeners. Write in to shiva@thecore.in for sponsorships and brand studio requirements.For more of our coverage check out thecore.inJoin and Interact anonymously on our whatsapp channelSubscribe to our NewsletterFollow us on:Twitter | Instagram | Facebook | Linkedin | Youtube

In this conversation, the CEO of the Tourism Business Council of South Africa (TBCSA) Tshifhiwa Tshivhengwa explains in detail the landmark ruling of SA's Competition Commission on the Removal of price parity clauses between online travel agent (OTA) Booking.com and contracted accommodation providers in South Africa and what it means for the industry especially for Tourism SMEs.

Stephen Grootes speaks to Tshifhiwa Tshivhengwa, CEO of the Tourism Business Council of South Africa to discuss the landmark settlement between the Competition Commission and Booking.com. See omnystudio.com/listener for privacy information.

Rohini Nilekani is the Chairperson of Rohini Nilekani Philanthropies and Co-founder and Director of EkStep, a non-profit education platform. She is also the Founder and Former Chairperson of Arghyam, a foundation she set up in 2001 for sustainable water and sanitation, which funds initiatives across India. From 2004 to 2014, she was Founder-Chairperson and chief funder of Pratham Books, a non-profit children's publisher that reached millions of children during her tenure. She sits on the Board of Trustees of ATREE, an environmental think tank. In the past, she has served on the Audit Advisory Board of the Comptroller and Auditor General of India and the Eminent Persons Advisory Group of the Competition Commission of India. A former journalist, she has written for many leading publications such as Times of India, India Today, Mint, etc. Penguin Books India published her first book, a medical thriller called Stillborn, and her second non-fiction book, “Uncommon Ground”, based on her eponymous TV show. She has written several books for young children, published by Pratham Books, including the famous “Annual Haircut Day”. In 2022, she published an anthology of her writing titled “Samaaj, Sarkaar, Bazaar”, outlining her philosophy of restoring the balance between the state and markets by positioning society as the foundational sector. In 2017, she was inducted as a Foreign Honorary Member of the American Academy of Arts and Sciences. She has been a member of the Board of Science Gallery Bengaluru, the Advisory Board of the Well Being Project since 2019, and the Dakshin Foundation since 2021. Rohini was voted the Best Grassroots Philanthropist by the Forbes India Leadership Award in 2022.  Rohini Nilekani is a committed philanthropist and has been named ‘the most generous woman in India' for the third consecutive time in 2022 by the Hurun India Philanthropy Report. In 2017, she signed the Giving Pledge with her husband Nandan Nilekani, which commits half their wealth to philanthropic causes.See omnystudio.com/listener for privacy information.

Another week, another blow to independent media. We send out an SOS. Comparing apples and pears… literally. The Competition Commission warns fresh produce wholesalers to stop its anti-competitive practices. Later, Ray Mahlaka tells us why he believes Transnet is about to stage the biggest turnaround in business history. And women in Soweto are saying: Funk It, I'm Walking. But first: it was a lavish affair, but now the real work begins. Now that the presidential inauguration is behind us, and the fight for cabinet positions continues, we look at how the markets have responded to the Government of National Unity, President Ramaphosa's second term, and discover everyone from industry to ratings agencies believe we're finally on a road to recovery. Carte Blanche Website · Chat on X · Chat on Facebook

Wendy Knowler, consumer journalist, joins John Maytham on the Afternoon to talk about The Competition Commission inquiry into fresh produce pricing. She shares her insights with John.See omnystudio.com/listener for privacy information.

Although headline inflation has decreased to its lowest point since October 2021, food inflation is still over twice as high as total inflation. To determine whether consumers are being hurt by the level of competition throughout food value chains, the Competition Commission continues to monitor prices for staple foods and prices throughout the value chain. As commodity prices decline, they focus on how quickly consumer prices are reduced due to decreased input costs; a slow rate of price transmission is a sign of low levels of competition across food value chains. The Competition Commission's spokesperson, Sipho Ngwema, joins Motheo Khoaripe to provide additional information.See omnystudio.com/listener for privacy information.

Karl Mehta highlights the critical role of trustworthy tech supply chains and the necessity for international collaboration among partner nations. Mehta examines the potential of India's national AI mission and the growing space tech ecosystem, including opportunities for lower-cost payload launches and downstream activities. This episode provides an overview of the strategic integration of advanced technologies in India's growth and development framework. Karl Mehta explains the critical role of patient capital in promoting deep tech innovations and discusses the Indian government's recent initiatives to stimulate technological advancements through policies focused on deep tech and domestic manufacturing. What is the significance of patient capital in the development of deep technology? How do current Indian government policies support the innovation ecosystem, particularly in deep tech? In what ways can trustworthy tech supply chains bolster India's position in the global tech landscape?Episode contributors  Karl Mehta is a serial entrepreneur, author, investor, engineer, and civil servant with over thirty years of experience in founding, building, and funding high-tech companies in the United States and international markets. Prior to leading the Quad Investors Network, Karl was the founder and CEO of an artificial intelligence-powered knowledge cloud platform EdCast Inc., which was backed by Stanford University and acquired by Cornerstone Inc. He was also a former venture partner at Menlo Ventures, a leading Silicon Valley firm.  Karl is also the founder of several non-profit organizations, including Code For India, and the author of Financial Inclusion at the Bottom of the Pyramid. His new book, AI for Digital Public Infrastructure, is slated to be released in Fall 2023. Konark Bhandari is a fellow with Carnegie India. He is a lawyer who has researched certain areas in the digital economy, focusing primarily on approaches to antitrust regulation of companies in the digital realm. He had earlier worked at India's antitrust regulator, the Competition Commission of India (CCI), where he worked closely with senior officials on a variety of matters. He is also an avid follower of the regulation of the space technology ecosystem and is keen to contribute to that discipline. Additional readings:   Every two weeks, Interpreting India brings you diverse voices from India and around the world to explore the critical questions shaping the nation's future. We delve into how technology, the economy, and foreign policy intertwine to influence India's relationship with the global stage.As a Carnegie India production, hosted by Carnegie scholars, Interpreting India, a Carnegie India production, provides insightful perspectives and cutting-edge by tackling the defining questions that chart India's course through the next decade.Stay tuned for thought-provoking discussions, expert insights, and a deeper understanding of India's place in the world.Don't forget to subscribe, share, and leave a review to join the conversation and be part of Interpreting India's journey.

Earlier this week, the Competition Commission of India (CCI) cleared Manipal group chief Ranjan Pai's investment in online pharmacy PharmEasy. So far Pharmeasy, once the highest-valued Indian healthcare startup, has raised Rs 3,500 crore through a rights issue. But it raised this money at a 90 per cent discount to its peak valuation. From $5.6 billion to $500 million!All because it had to take another debt to pay off its previous debt. The second time though, interest rates were not zero.What's happened?Tune in.Daybreak is produced from the newsroom of The Ken, India's first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

The recent war in Ukraine and the Israel-Hamas conflict in the Middle East have provided valuable lessons when it comes to the nature of future military modernisation and defense innovation. While traditional warfare remains relevant, we are seeing a shift towards multi-domain operations that are more kinetic and are increasingly utilizing autonomous weapons. As India seeks to boost its defence exports, its domestic industry will have a role to play. Several factors have played a role in the recent spike in defence exports—regulatory initiatives, enhanced capability of the private sector, and the desire among other countries to diversify away from their traditional defence partners and look at India instead. Additionally, the INDUS-X initiative between India and the U.S. has also been noted as a welcome mechanism to encourage further defence cooperation in other emerging technologies such as quantum computing, space, cyber-security, and deep-sea technology.What are the potential opportunities that international collaborations present? Will India's domestic industry be able to meet the armed forces' requirements? In this episode of Interpreting India, Ajay Kumar and Konark Bhandari talk about the current status of defence innovation in India and the emerging trends in this space.  Episode ContributorsAjay Kumar is a nonresident senior fellow at Carnegie India. He served as the defense secretary of India between August 2019 and October 2022 and is the longest serving secretary in the Ministry of Defence, where he also served as secretary in the Department of Defence Production. As defense secretary, Ajay Kumar was the key architect for several major transformations, including the restructuring of higher defense management in the country and formation of the chief of defense staff in the Indian Armed Forces; the launch of the Agniveer scheme—a historic reform in recruitment, training, and retention of personnel in the Armed Forces. Konark Bhandari is a fellow with Carnegie India. He is a lawyer who has researched certain areas in the digital economy, focusing primarily on approaches to antitrust regulation of companies in the digital realm. He had earlier worked at India's antitrust regulator, the Competition Commission of India (CCI), where he worked closely with senior officials on a variety of matters. He is also an avid follower of the regulation of the space technology ecosystem and is keen to contribute to that discipline. Additional ReadingsINDUS-X: Charting the Way Ahead for India-U.S. Defense Industrial Cooperation, by Konark Bhandari. Can a Defense Innovation Bridge Elevate India-U.S. Defense Cooperation? by Konark Bhandari. Sameer Lalwani on India-U.S. Defense-Industrial Cooperation.U.S.-India Defense Innovation Collaboration: Building on a Promising Start by Konark Bhandari. Every two weeks, Interpreting India brings you diverse voices from India and around the world to explore the critical questions shaping the nation's future. We delve into how technology, the economy, and foreign policy intertwine to influence India's relationship with the global stage.As a Carnegie India production, hosted by Carnegie scholars, Interpreting India, a Carnegie India production, provides insightful perspectives and cutting-edge by tackling the defining questions that chart India's course through the next decade.Stay tuned for thought-provoking discussions, expert insights, and a deeper understanding of India's place in the world.Don't forget to subscribe, share, and leave a review to join the conversation and be part of Interpreting India's journey.

Analyst Anthony Clark from Small Talk Daily discusses the surprising Competition Commission's market inquiry into the poultry sector.   On the Money Show Explainer, CEOs Busisiwe Mavuso of Business Leadership South Africa and Johann Els of Old Mutual analyse and unpack SONA 24.   Friday File features Ilaria Chisin-Louw, co-founder of Paintiques, discussing her decorative painting workSee omnystudio.com/listener for privacy information.

In this episode, Edem and Jabu discuss Canal+ and their offer to buy 69% of MultiChoice for $1.7Bn, what their objectives are behind the proposed purchase and the legal hurdles Canal+ would need to navigate including listing on the Johannesburg Stock Exchange and merger approval from the Competition Commission of South Africa. ------------------- ⭐ The best way to support the podcast is to subscribe, share and leave us a 5-star rating on Apple Podcasts or Spotify.

Sithabiso Buthelezi is the Senior Investigator for the Competition Commissionand he joins John to explain the Commission's warning that they intend toprosecute schools that are limiting parents to buying uniforms from onesupplier only.See omnystudio.com/listener for privacy information.

  Thabo Mdluli is joined by Betty Mkhatshwa , Principal Analyst: Advocacy at the Competition Commission, Juané van der Merwe, legal officer Federation of Governing Bodies of SA Schools and Anthea Cereseto, CEO of the Governing Body Foundation looking at the issue of exorbitant pricing of school uniforms and how this can be resolved. See omnystudio.com/listener for privacy information.

Business Day Editor at Large and Columnist Hilary Joffe joins John to critique the Competition Commission's case against 28 banks accused of colluding to manipulate the rand's exchange rate.See omnystudio.com/listener for privacy information.

    Thabo Shole-Mashao, in for Clement Manyathela speaks to Bukhosibakhe Majenge, Chief Legal Counsel & Deputy Commissioner at the Competition Commission about the work of the commission. The Competition Commission is one of three independent statutory bodies that regulates competition between firms in the market. See omnystudio.com/listener for privacy information.

Hilary Joffe, columnist and editor-at-large at Business Day on the Reserve Bank governor affirming that the Competition Commission is the right organisation to probe market abuse — after reports that it was overreaching with the bank cartel case.    On The Money Show Explainer, Michael Power, consultant at Kaskazi Consultancy discussed the science behind Kenya's rise to powerhouse status.    For Friday File, Gail Galvin, founder & director of The Truffle Lady on how she was able to turn her love for truffles into a thriving bona fide business.See omnystudio.com/listener for privacy information.