A PYMNTS Company

South Africa: Authorities asked to eye shopping mall exclusivity deals

By  |  July 28, 2014

South Africa’ Competition Commission has reportedly been called on to review exclusivity deals made by shopping malls with retailers.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The South African Real Estate Investment Trust Association has reportedly asked the Commission to investigate such exclusive dealing that the group said could harm competition and hurt economic growth. Reports say malls have allowed landlords and the largest shops to sign such exclusivity deals to bar rivals from opening competing stores in the same mall.

    In a statement Friday, the real estate group said those deals are being used, particularly by grocery retailers, to “fight to restrict each other in market share.”

    Full content: BDLive

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.