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Dec 15, 2014
European Union antitrust regulators approved on Monday the proposed merger of France's Lafarge and Swiss peer Holcim to create the world's biggest cement maker. The European Commission said the companies had agreed to sell most of their overlapping businesses to...
Dec 11, 2014
The Competition Commission has, following a commission meeting on Tuesday, recommended to the Competition Tribunal that the merger between information technology services group Dimension Data (DiData) and the three divisions of Internet service provider MWEB be...
Dec 10, 2014
Following engagements with several stakeholders which stressed the need for the development of rules governing administrative penalties, the Competition Commission has published for public comment draft guidelines for the determination of administrative penalties for...
Dec 05, 2014
Specialist intellectual property (IP) law firm Spoor & Fisher in collaboration with the Anton Mostert Chair of IP at Stellenbosch University in Cape Town, launched its new IP textbook, titled Dean & Dyer: Introduction to Intellectual Property Law, in Pretoria last...
Dec 04, 2014
Electric cable manufacturing company ATC has agreed to pay R80.7-million in an agreement with the Competition Commission after admitting to collusion, the Competition Tribunal said on Wednesday. The settlement agreement was confirmed as an order of the tribunal on...
Dec 03, 2014
Nov 20, 2014
The Competition Commission would refer a case against Isipani Construction to the Competition Tribunal for its alleged involvement in collusive tendering for the building of the 2010 FIFA World Cup stadia. This followed an investigation of the firms that did not...
Nov 14, 2014
Power Technologies subsidiary Aberdare Cables has, in accordance with the Competition Commission’s corporate leniency policy, applied for leniency and been granted conditional immunity against prosecution by the Competition Tribunal in respect of a commission...
Nov 14, 2014
Oct 20, 2014
Oct 07, 2014
Oct 06, 2014
 
 
 
Sep 04, 2014
Article contains comments
Economic Development Minister Ebrahim Patel
Economic Development Minister Ebrahim Patel has hinted to further amendments to South Africa’s Competition Act – changes that could increase the powers of the competition authorities to influence the industrial structure of the economy through forced divestiture and...
Aug 15, 2014
Article contains comments
The Competition Commission planned to deliver the results of a liquefied petroleum gas (LPG) market inquiry by March 2016 – six months later than anticipated. The market inquiry, which would now kick off on September 15, had initially been scheduled to start in June...
Jul 14, 2014
The European General Court has more than halved a 2008 fine incurred by Sasol Wax for its involvement in the European paraffin wax cartel. Sasol Wax’s penalty of €318.2-million, said at the time to be the biggest fine imposed on a South African company, was reduced...
Jul 11, 2014
Financial services firm Barclays Africa local subsidiary Absa provided a R8.2-million loan and South African retail giant Massmart provided a 10 000 t-a-year offtake agreement that enabled a new maize miller to enter the South African market. The new miller, Lethabo...
Jul 07, 2014
The South African Poultry Association (Sapa) has welcomed antidumping action taken by the International Trade and Administration Commission of South Africa (Itac) against European Union (EU) countries found dumping poultry products in South Africa. Preliminary...
Jun 06, 2014
As intellectual property (IP) is increasingly becoming the basis of modern economies, with many tangible benefits of ideas and developments no longer directly linked to physical products, South Africa’s copyright law needs to be amended to provide improved protection...
Apr 09, 2014
Article contains comments
Murray & Roberts CEO Henry Laas
A formal process has been initiated in an effort to rebuild trust that had been “catastrophically” destroyed between government and the construction industry in the wake of revelations of widespread collusion, Murray & Roberts (M&R) CEO Henry Laas has revealed. He...
Mar 19, 2014
Meetings were often held when there were significant input price changes
A Competition Commission investigation, initiated in 2010 into power cables companies, has unearthed cartel conduct by four firms and its findings have been referred to Competition Tribunal for adjudication. The probe, which included a May 6, 2010,...
Feb 21, 2014
Article contains comments
The 50% reduction in the mobile termination rates between telecommunications firms to 20c a minute will promote increased competition in the rest of the industry, which could help to lower retail prices and increase access to services, says Internet services firm...
Jan 28, 2014
The Competition Commission has, with conditions, approved the sale of explosives and chemicals company AECI’s vacant land in Modderfontein to Chinese diversified property development company Shanghai Zendai Property. The transaction involved the acquisition of about...
 
 
 
 
Jan 13, 2014
Incoming Competition Commission chief economist Liberty Mncube
The Competition Commission has appointed Liberty Mncube chief economist and manager of the policy and research division, Junior Khumalo divisional manager of enforcement and exemptions and Thomas Kgokolo CFO, effective January 1, it announced on Monday. Most recently...
Dec 05, 2013
The Competition Tribunal is next week set to hear a case relating to the proposed acquisition of Pfizer Nutrition’s baby milk range of products by Aspen Nutritionals and will hear testimony from 17 witnesses, as well as a representative of the Competition Commission,...
Nov 29, 2013
The Competition Commission has gazetted the terms of reference for the market inquiry into private healthcare, it said on Friday. This was in accordance with the provisions of the Competition Act, which state that an inquiry can start 20 business days after gazetting.
Nov 15, 2013
QUALITY INFRASTRUCTURE WSP Consulting’s involvement with the Green Buildings Council, provides the firm with the opportunity to shape the industry in terms of setting benchmarks for good practice
The current emphasis on the procurement of consulting engineering services, based on the lowest price offered by the competing firms, has put the sustainability of the consulting engineering industry at risk, says international consulting engineering firm WSP...
Nov 15, 2013
The mandate of the Presidential Infrastructure Coordinating Commission (PICC) to develop a 20-year pipeline of infrastructure and construction projects allows for long-term planning and investment by public- and private-sector companies.
Nov 15, 2013
The Construction Sector Charter Council (CSCC) believes that, to transform the construction sector, reliable data is necessary to assess the progress of and identify the barriers to transformation and to determine strategies to resolve these.
Nov 11, 2013
Competition Tribunal chairperson Norman Manoim
South Africa’s Competition Tribunal reports that it will increasingly explore “creative remedies” for contraventions of the Competition Act in an effort to demonstrate more immediate and tangible market benefits as a result of determinations, or settlement...
Oct 21, 2013
Economic Development Minister Ebrahim Patel appointed Thembinkosi Bonakele as the new acting competition commissioner on Sunday, the department said. Spokesperson Manelisi Wolela said Bonakele was appointed with effect from October 21, for a period of six month.
Sep 19, 2013
The Competition Tribunal on Tursday dismissed an application by Advocate Simba Chitando for relief against what he called racist and anticompetitive briefing patterns by fellow advocates and law firms operating in the area of shipping law. The tribunal found that...
Sep 17, 2013
The World Economic Forum’s Global Competitiveness Report for 2013/14’s top-ten ranking for the effectiveness of South Africa’s antimonopoly policy, was encouraging, the Competition Commission said on Tuesday. South Africa had ranked at number eight, out of 148...
 
 
 
 
Aug 23, 2013
The pending Protection of Personal Information (PoPI) Bill will enable more trade and information flows with other countries that have privacy laws, as well as provide businesses with opportunities to reduce the costs of storing unnecessary data, says advisory firm...
Aug 14, 2013
Construction firm Stefanutti Stocks has received Competition Tribunal approval, in a record four hours, for the acquisition of one of beleaguered First Strut’s subsidiaries. Engineering firm Energotec would be merged into Stefanutti, saving over 660 jobs and ensuring...
Aug 12, 2013
The Competition Tribunal was expected to hear the settlement cases of JSE-listed construction firms Stefanutti Stocks and Hochtief Construction this week after the parties admitted to collusive behaviour and agreed to further penalties. Stefanutti was, in June, given...
Aug 09, 2013
Jul 31, 2013
JSE-listed construction firm Stefanutti Stocks this week agreed to pay a further R55.8-million penalty to the Competition Commission. The latest fine was for contracts that had fallen outside the Construction Fast-Track Settlement Process, which was initiated by the...
Jul 30, 2013
Jul 23, 2013
The Competition Tribunal on Wednesday confirmed the last of the settlement agreements between the Competition Commission and 15 major construction firms which had admitted to collusive tendering in contravention of the Competition Act. This came as the tribunal...
Jul 22, 2013
The Competition Tribunal on Monday confirmed all but two of the construction settlement agreements between the Competition Comission and 15 major construction firms. Last week, the tribunal heard the settlement agreements between the commission and the construction...
Jul 19, 2013
The Competition Tribunal would on Monday resume its hearing into a complaint, brought by the Competition Commission against South African Breweries (SAB), in December 2007, regarding the company’s distribution system and claims that it abused its market dominance....
Jul 19, 2013
Importing cheaper mechanical-power-transmission products is not only becoming popular on the South African market but is also contributing to the current flatline state of the mechanical transmission industry, states transmission company Bibby Turboflex.
 
 
 
 
Jul 15, 2013
The Competition Tribunal will, this week, hold hearings related to the Competition Commission’s R1.46-billion settlement with 15 construction firms found guilty of collusive tendering, as well as the commission’s R200-million settlement with telecoms group Telkom...
Jun 27, 2013
Business Leadership South Africa (BLSA) has called on the companies penalised by the Competition Commission for anticompetitive behaviour to reveal what action had been taken against those involved and what provisions were in place to prevent future collusion....
Jun 24, 2013
Article contains comments
The Competition Commission has fined 15 major construction firms a collective R1.46-billion for “rampant” collusive tendering related to projects concluded between 2006 and 2011, it revealed on Monday. These penalties were the result of the Construction Fast-Track...
Jun 21, 2013
South Africa is moving to include special economic zones (SEZs) into its industrial and economic development toolbox in the hope that they will help stimulate fixed investment, partiularly investment that can contribute to the country’s reindustrialisation thrust.
Jun 07, 2013
A Competition Tribunal-approved amended settlement agreement between the Competition Commission and Airports Company South Africa (ACSA) would see the airport operator issue a new tender for taxi services from the OR Tambo International Airport and initiate more...
 
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