Computicket, the ticketing agency owned by Shoprite Group, has agreed to pay an R11.3-million “administrative penalty” to South Africa’s competition regulator.
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Just a week after its CEO, Pieter Engelbrecht, teased the launch of its own mobile service, Shoprite Group has provided details of the launch K’nect Mobile, its mobile virtual network operator platform.
Ticketing company Computicket, which is owned by retailer Shoprite, has lost an appeal over a R20-million fine imposed on it for “abuse of dominance”.
The Competition Tribunal has issued a R20-million “administrative penalty” against Computicket for abusing its dominance between mid-2005 and 2010. It has 60 business days to pay the fine.
The Competition Commission claims ticketing firm Computicket and its parent, retail group Shoprite Checkers, are guilty of anticompetitive conduct and has referred the two companies for prosecution.
Ticketing specialist Computicket said on Sunday that it has reached an agreement to acquire Entry Ninja, an online start-up that facilitates entries into South African sporting events. The deal
Computicket has been accused of using its market power to bully a developmental theatre company that works with schools. The dispute between theatre company Minimax and the SA State Theatre in Pretoria is about the exclusive contract Computicket signed with the latter in August 2011. By forcing
Two-month-old Cape Town start-up Quicket is taking the fight to SA’s dominant ticketing company Computicket by making it possible for companies and individuals to manage their own ticketing for an event and providing them with a database of all attendees
SA’s ticketing industry is about to get a kick up the backside because of a new technology that will allow artists, venues and other entertainment suppliers to sell tickets directly to fans and punters via their Facebook pages and websites. The