Tuesday 18 June 2019
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allafrica - 5 days ago

South Africa: Setback for the Competition Commission in the Four-Year-Old Currency Manipulation Case

[Daily Maverick] For four years now, the Competition Commission and more than 20 local and foreign banks have been at loggerheads over charges of currency manipulation. It has been an exhausting, expensive, convoluted effort. On Wednesday, the Competition Tribunal stepped in and effectively instructed the commission how to frame its case in a way that can only be construed as a setback for the commission.


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