CompareGuru Financial Services is an authorised financial services provider FSP. 47696
"The Commission found that the practices restricted competition among the competing companies as they did not independently determine an element of a price in the form of discount or trading terms," the commission said in a statement. "This amounts to price fixing and the fixing of trading conditions in contravention of the Competition Act."As a result, DStv Media Sales will be paying a total "remedy" of R180million. This includes a R22 million administrative fine. There is also an R8million payment to the Economic Development Fund. Along with this, there's a 25% in bonus airtime of every Rand of airtime bought by small agencies who qualify under the agreement. Did you know that you can stand to save up to 35% on your monthly premiums by combining your car and home insurance? CLICK BELOW to get multiple quotes!
"I have DStv – unfortunately, they have become just too expensive at R799p/m for a premium subscription. I will most definitely be cancelling my subscription to that (DStv) and go over to Netflix. DStv have ripped people off for far too long now and I think that they will face a huge decline in their premium subscription in the coming months," one user said. "As the news broke I ended my relationship with Repeat TV ( also known as DStv) and created my Netflix account," another said.Netflix's local introduction excited consumers. Many wondered if this could be the solution to the lack of competition.