Mon Jan 21 11:00:00 UTC 2019
Computicket (Pty) Ltd will appeal the Competition Tribunal’s finding that it utilised its dominance between 2005-2010 relating to exclusive agreements with inventory providers for live entertainment events.
The ticketing provider has studied the Tribunal’s decision and in terms of Competition Act, it has 15 business days to file its Notice of Appeal against the Tribunal’s decision which it intends to do.
In April 2010 the Competition Commission referred the case to the Tribunal following complaints lodged by Computicket competitors about the securement of exclusive agreements with inventory providers for live entertainment events. The hearing in the matter commenced on 4 October 2017.
The Tribunal found today (21 January 2019) that Computicket contravened section 8(d)(i) of the Competition Act and ordered it to pay an administrative penalty of R20 million. The penalty calculation is based on the affected Computicket turnover and is limited to live entertainment ticket sales for the specific period.