Some local truck operators are objecting to the acquisition of assets belonging to trucking company known as 4MS Group Holdings (Pty) Ltd by Transport Holdings (TH) (Pty) Ltd. This emerged during a public hearing before the Competition Authority (CA) on Friday morning. 4MS Ltd, according to the particulars provided is a line Haul Company which was formed by former employees of Kgalagadi Breweries Limited (KBL) and was established through the assistance of KBL as some form citizen empowerment scheme. Now that 4MS is said to be on the red as it owes over P18 million to creditors, the company is now looking to sell its assets to TH Ltd on willing buyer willing seller basis. The company, it emerged, has been providing line haul services to KBL since 2004. However, most truck operators who attended the Friday hearing read that there is collusion between KBL and TH Ltd and wondered why the latter was chosen ahead of other companies or whether 4MS had among other options considered reducing some of its fleets rather than sell off the whole assets. Industry players pleaded with the Authority not to give the transaction a go ahead as that would work against the principles…