http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.95Change: -0.05
R/$ = 12.73Change: 0.01
Au 1082.59 $/ozChange: -7.27
Pt 984.00 $/ozChange: -4.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Jul 04, 2012

Tribunal hands down penalties in plastic cartel case

Back
Engineering|Africa|Marley|Mining|Pipe|Pipes|Systems|Africa|Pipes|Plastic Pipe Products|Products|Systems|Gazelle Plastics|Michelle Harding|Pipe
Engineering|Africa|Marley|Mining|Pipe|Pipes|Systems|Africa|Pipes|Products|Systems||Pipe
engineering|africa-company|marley|mining|pipe-company|pipes|systems-company|africa|pipes-industry-term|plastic-pipe-products|products|systems|gazelle-plastics|michelle-harding|pipe
© Reuse this



The Competition Tribunal on Wednesday handed down penalties of R2-million and R11-million to MacNeil Agencies and Amitech South Africa, respectively, after they were found to have contravened the Competition Act through collusive behaviour.

Andrag and Petzetakis Africa were also found guilty of engaging in price-fixing, allocation and collusive tendering of their plastic pipe products.

The testimony of Petzetakis MD Michelle Harding resulted in an 80% discount for the company, which was penalised R9.92-million, while Andrag received no penalty, after the Competition Commission found the group’s involvement to be limited in that a representative who attended one meeting, was unaware of the collusive purpose of the meeting.

DPI Plastics received immunity from prosecution in terms of the commission’s corporate leniency policy.

The tribunal dismissed the case against Gazelle Plastics and Gazelle Engineering.

A total of R31-million, R7.6-million and R5-million penalties have been settled by Marley Pipe Systems, Swan Plastics and Flo-Tek Pipes & Irrigation, respectively.

The case was referred to the tribunal in 2009 after the Competition Commission found that DPI Plastics, Marley Pipe Systems, Petzetakis Africa, Swan Plastics, Amitech South Africa, Flo-Tek Pipes & Irrigation, Andrag, Gazelle Plastics, Gazelle Engineering and MacNeil Agencies fixed prices, rigged tenders and divided markets by allocating contracts and customers.

“Enforcement against cartels requires more [Michelle] Hardings who are willing to take a moral stand and, as she put it in her testimony, ‘stop the cancer’,” the Tribunal said in its ruling.

The commission claimed that this cartel activity stretched back from before the Competition Act came into force, until 2007.

The respondents comprised manufacturers and suppliers of pipe products, which collectively enjoyed the major share of the market. The pipe products were used for plumbing and in the civil engineering, mining and agricultural sectors in South Africa.
 

Edited by: Mariaan Webb
Creamer Media Senior Researcher and Deputy Editor Online
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
 
Latest News
Updated 27 minutes ago Africa's largest steelmaker ArcelorMittal South Africa said on Friday its half-year losses widened amid lower international demand and a weak economy in its home market. Its headline loss per share rose to nearly 25 cents per share for the six months ended 30 June...
Former PRASA CEO Lucky Montana
Updated 1 hour 13 minutes ago Former Passenger Rail Agency of South Africa (PRASA) boss Lucky Montana on Thursday laid fraud charges against two executives and a board member of the state-owned company, as well as two directors of a private security company. The charges were laid at the Hillbrow...
Updated 1 hour 31 minutes ago Daimler truck test engineer Dirk Stranz pushes one button and then retracts his hands from the steering wheel of the Mercedes-Benz Future Truck 2025. “And now the truck is driving itself.” It is unsettling to see the steering wheel move unaided as the truck gently...
More
 
 
Recent Research Reports
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Electricity 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Road and Rail 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
 
 
 
 
 
This Week's Magazine
Daimler truck test engineer Dirk Stranz pushes one button, and then retracts his hands from the steering wheel of the Mercedes-Benz Future Truck 2025. “And now the truck is driving itself.”
The statutory body responsible for skills development and support in the banking sector, BANKSETA, was investing R68-million in the capacity building project of the University of Venda (UniVen), announced Bankseta company secretary Caroline King at a media event in...
LIONEL MOYAL Cloud services providers must compete against other cloud services providers for business by providing up-to-date systems and services
Legacy information technology (IT) systems are becoming increasingly obsolete because of the maturity, efficiencies and cost effectiveness of cloud-based IT services, says information and communication technology major T-Systems subsidiary Intervate head Lionel...
ARMANDÉ KRUGER Balancing the collection and processing of data must be aligned to strategy
Many complementary services enable companies to derive broad value from data inside and outside them. The complexity of data management means that companies’ strategies determine the various data systems and functions they will use, says PBT Group regional sales...
The South African Civil Aviation Authority (SACAA) has announced that it had awarded the country’s first remotely piloted aircraft systems (RPAS) pilot’s licence. It was issued on Friday, July 10, to SACAA employee and qualified commercial pilot Nicole Swart,...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96