The unseen costs of interfering with the Massmart/Walmart merger

Walmart

By Chris Becker Rob Davies, Ebrahim Patel, and Tina Joemat-Petterson held a press conference yesterday morning wherein they explained their (i.e. the government’s) intention to appeal the Walmart/Massmart merger at the Competition Tribunal. “The main risk to South Africa that the merger poses is an increase in imports by Walmart/Massmart causing a decline in local [...]