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Purchase to go ahead — as long as Twisp doesn’t smoke its rivals

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South Africa Headlines News

Competition Tribunal gives BATSA the go-ahead to buy the country’s largest e-cigarette retailer, but with conditions

Friends on a coffee break at a cafe in the Cape Town CBD create a cloud of water vapour from their e-cigarettes. File photo THE TIMES/RUVAN BOSHOFF

The deal will see BATSA increase Twisp’s product offering in the so-called reduced-risk product category, according to BATSA CEO Soraya Benchikh. In its decision, the tribunal said BATSA and Twisp should not enter into agreements or arrangements with landlords preventing the owners of retail space from renting space to competitors. It said the two companies were also barred from entering into similar agreements with retailers such as grocery and liquor chains, pharmacies, convenient stores and service station forecourts.

 

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