Loading...
See More

Tribunal grants 1time leave to amend complaint

Aug 02 2010 17:33

Related Articles

Jobs fly at 1time

1time flying high from AltX to main board

1time to modify Kulula complaint

No dividend for 1time

1time, Kulula dispute hots up

1time wings its way to JSE Main Board

 
Johannesburg - The Competition Tribunal said on Monday that it had granted JSE-listed airline group 1time Holdings [JSE:1TM] leave to amend its original complaint against rival Kulula.

In terms of the amendment, 1time wants Kulula to be fined for anti-competitive behaviour.

In the original complaint, 1time alleged that Lanseria, which owns Lanseria Airport, and Kulula concluded an exclusivity agreement that
contravened competition rules.

The agreement between Lanseria and Kulula involves the operation of scheduled airline services to and from the Lanseria Airport. 

The original complaint by 1time reached the tribunal in April 2009. 

The original agreement between Kulula and Lanseria - concluded in 2006 and ending in February 2011 - contains an exclusivity clause in favour of Kulula for the first year of the agreement, which expired in early 2007.

A right of first refusal vests in Kulula and it can agree or refuse to allow other airlines to fly scheduled flights from Lanseria.

In terms of the amendment of the original complaint, 1time sought the imposition of a penalty on Kulula.

Kulula opposed the amendment application on two main grounds, namely lack of jurisdiction and failure to disclose a cause of action. 
   
  - I-Net Bridge

 
1time holdings  |  kulula
NEXT ON FIN24X

 

Lastest Articles

Here is how to check your credit score and manage it Read More...
Top tips to save money over the festive period Read More...
These are the top 5 most fuel efficient cars in SA Read More...
What to consider when switching medical aid schemes Read More...
 
 

Read Fin24’s Comments Policy

24.com 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.

Comment on this story
2 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Brought to you by BizNews

More from BizNews

We're talking about:

Small Business

Retailers of any shape and size can now unlock the power of mobile transacting.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...