Telkom competition case adjourned

If multi-links cost them 7billion, I don't see why 3.5 is a problem.

Nevertheless, this fine will eventually find its way into the price of broadband and telephony. Then the competition commission will find them guilty of abusing their market dominance AGAIN. And then hopefully telkom will be fined out of existence.

That's how I would want them to go.
 
inferno said:
The problem is 7bil + 3.5 bil...

Have fun ordering your dsl from home affairs when telkom shuts down.
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In 2006 telkom's operating profit was fifteen billion rand....
 
MickeyD said:
Look for 2002 (not 2006).
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Doesn't matter. They have obviously been abusing their monopoly for unreasonable profit, and based on that the fine is justified if not too small. It won't kill them based on the profits they made in the last decade.
 
Sinbad said:
Doesn't matter. They have obviously been abusing their monopoly for unreasonable profit, and based on that the fine is justified if not too small. It won't kill them based on the profits they made in the last decade.
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That's not the way the law works...
 
I just want some blood!
Some heads to roll!
Some crack up of the damned beast into a million shards!
DIE YOU MOTHERTRUCKER! DIE! TELKOM! DIE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1
 
MickeyD said:
That's not the way the law works...
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I thought the 3.5bn was based on 10% of their revenue since 2004?

Anyhow, I find the defence of "Don't fine us - it'll cripple us" a bit weird.... I can't go to court after committing a crime and say "don't put me in jail, it'd suck!" (well I guess I could, but it would be a stupid defence).

I do however agree with some of the other guys comments (from the other thread) saying the fine doesn't actually benefit consumers... there has to be a better way to smack Telkom and simultaneously promote competition and boost value for the consumer.
 
JustinB said:
I do however agree with some of the other guys comments (from the other thread) saying the fine doesn't actually benefit consumers... there has to be a better way to smack Telkom and simultaneously promote competition and boost value for the consumer.
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This. There must be a way for the consumer to walk out a winner after this. The current way, is a lose/lose scenario.
 
zamicro said:
This. There must be a way for the consumer to walk out a winner after this. The current way, is a lose/lose scenario.
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There is no way for the consumer to be a winner in this....

Telkom get fined, we get screwed even more..
Telkom don't get fined, we still get screwed.
 
B.O.F.H. said:
There is no way for the consumer to be a winner in this....

Telkom get fined, we get screwed even more..
Telkom don't get fined, we still get screwed.
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Then I hope Telkom get screwed too
 
The tribunal would consider the evidence and make a finding [highlight]in due course[/highlight] on whether Telkom abused its dominance in the telecommunications market.
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What is the legalese definition of "in due course" in terms of days, weeks, months, years?
 
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