By Lelethu Mquqo
22 March 2011
Four unions will ask the Competition Tribunal to set aside the deal by which Wal-Mart will acquire a 51 percent stake in Massmart.
The national union of metalworkers, the South African Food and Allied Workers’ Union, the Southern African Clothing and Textile Workers’ Union and the South African Commercial, Catering and Allied Workers’ Union will make presentations to a tribunal hearing.
The four day hearing starts today.
Sactwu’s Etienne Vlok says WalMart normally crushes competition and the company has been found guilty of price fixing in England.
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