Naspers blocked from buying WeBuyCars
- South Africa
- Competition Commission, Competition Law, Competition Tribunal, Naspers, WeBuyCars
- March 31, 2020
Naspers is a giant – the company is worth over R1.1tn (yes, trillion)! To give you an idea of how enormous that number is, that’s only slightly less than the total taxes collected by SARS in the 2019 financial year. Amongst a zillion other things, Naspers owns AutoTrader and OLX. Back in September 2018, they announced an intention to acquire …
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