South Africa's biggest food producer, Tiger Brands, is facing a potential class action after reports of contaminated products surfaced. Consumers allege that Tiger Brands distributed food items that were hazardous, leading to illness. This scandal has caused widespread worry among South Africans, who rely on Tiger Brands for staple foods. The compa
Competition Appeal Tribunal Upholds MasterCard Interchange Fee Ruling
The Competition Appeal Tribunal (CAT) has maintained its previous determination on MasterCard's interchange fees, rejecting an appeal from MasterCard. This means that the initial conclusion that MasterCard's interchange fees are unfair will stand. The CAT rejected all of MasterCard's assertions, finding them to be lacking. This victory for business
CAT Decision on Mastercard Interchange Fees
The Competition Appeal Tribunal this week issued its decision on Mastercard's interchange fees. The tribunal ruled that Mastercard had anti-competitive practices by imposing excessive interchange fees on merchants. This ruling could have significant implications for the payments industry, as it may cause lower costs for businesses and consumers. Th
A Booking.com Lawsuit
Travelers claiming that Booking.com participated in discriminatory pricing have submitted a class action lawsuit against the online travel marketplace. The case argues that Booking.com displays different prices to customers based on factors like their location, violating consumer protection laws. Plaintiffs request financial restitution and an en