The investigation could reconfigure the country's financial services sector.
The Commission says it wants to establish whether
The telecoms firm has refused to give banks access to its USSD platform used to channel mobile banking services preferring them to use its Ecocash platform.
In an interview Tuesday, CTC assistant director (Competition) Benjamin Chinhengo confirmed the development.
"We have a formal and informal co-operation agreement with
"A team of experts from
"We are still establishing and verifying facts at the same time doing interviews with complainants who levelled allegations against
He said the telecoms industry was a highly technical area hence the need to consult experts on the investigations.
Documents in our possession reveal that
Banks feel the charge is not only too high, considering that most mobile money transfers are low value payments of only a few dollars but also discriminatory against non-Ecocash users.
It has also emerged that
Bankers maintain that such discriminatory pricing was tantamount to an unfair trade practice and meant to make any bank mobile money transfer products uncompetitive relative to
In a related case, the CTC has roped in the experts to analyse whether the relationship between
Recently some suppliers of
The commission, as part of the investigations, engaged the
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