Core Group to increase stake in Digicape

[Jan]

iStore owner buying bigger stake in major Apple reseller Digicape

The Competition Commission has recommended that the Competition Tribunal approve iStore owner ZA Online acquiring an additional stake in Shock Proof, the company that owns Apple reseller Digicape.

"The commission has recommended that the Competition Tribunal approve the proposed transaction whereby ZA Online acquired an additional shareholding of Shock Proof, without conditions," a statement on Thursday said.

 

[mathebus]

So what does this mean they can still charge way more for Apple products?

 

[RedViking]

Shame. Poor apple people.

 

[OCP]

Core ... such a nice company with impeccable ethics.

Having a near monopoly on Apple in SA wont be a bad thing ... at all!

 

[FiestaST]

I wonder what Tim Apple thinks.

 

[ToxicBunny]

I wonder what Tim Apple thinks.

Core bring revenue, but a small amount so timmy doesn't care.

 

[quovadis]

Core ... such a nice company with impeccable ethics.

Having a near monopoly on Apple in SA wont be a bad thing ... at all!

How the competition commission continually strives to ensure less competition is beyond me.

 

[neoprema]

Core Group are a bunch of thieves. I buy most of my Apple products outside the country, but it’s bad news for the local market as Core are one of the most incompetent companies I’ve ever come accross.

 

[SauRoNZA]

How the competition commission continually strives to ensure less competition is beyond me.

Boggles my mind as well.

How the iStore is even allowed to exist as a vertical of Core is beyond me.