Thursday, October 20, 2011

Walmart deal due in Competition Appeals Court today

By Khanyisa Tabata
20 October 2011

An appeal by three Cabinet Ministers for the Competition Tribunal to review the Massmart-Walmart merger is due to go to the Competition Appeals Court today.

The Ministers are looking to enforce stricter regulations on the deal. This sentiment is shared by several trade unions, who have vowed to fight against the proposed merger.

Walmart representatives are expected to answer key questions relating to job creation in today’s session.

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