Walmart on unfamiliar terrain

2011-05-14 11:28

The government, especially Minister for Economic Development Ebrahim Patel, has been criticised for its intervention in the Competition Authority’s consideration of Walmart’s $2.4 billion (about R17 billion) takeover bid for Massmart Holdings.

“These are specific interventions which are based on specific action which are aimed at determining how a single private institution should do business,” he said. publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

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