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Dec 03, 2009
The Competition Commission on Thursday referred its findings of a price fixing and market allocation cartel in the manufacturing and supply of reinforcing mesh products market to the Tribunal for adjudication. The cartel involved companies such as Aveng, trading as...
Nov 13, 2009
The Competition Appeal Court has dismissed agricultural services company Senwes’ appeal against the Competition Tribunal’s February ruling that it had engaged in what was called a “margin squeeze”. It also rejected the Competition Commission’s cross-appeal against...
Nov 12, 2009
The Cement & Concrete Institute (C&CI) on Thursday emphasised that it has never been involved in, or aware of, any anti-competitive behaviour, either in its professional capacity or on behalf of any of its cement producing members. This followed on an announcement...
Oct 30, 2009
The Competition Amendment Bill, which was recently signed into law but was still awaiting promulgation, could change how companies regarded compliance regulation, the Competition Commission, Shan Ramburuth, told a gathering of business people on Friday. Speaking at...
Oct 23, 2009
One-off charges, most notably competition related fines, Inzalo share-based payment expenses and remeasurement items for the Escravos gas-to-liquids project, significantly affected South African petrochemicals giant Sasol’s operating profit figures for 2009.
Sep 30, 2009
Article contains comments
South Africa's Competition Commission on Wednesday announced the uncovering of an alleged mining-supply cartel. The findings of the commission have been referred to the Competition Tribunal, which has been asked to levy a penalty of 10% on the annual turnover of...
Sep 23, 2009
Economic Development Deputy Minister Gwen Mahlangu-Nkabinde on Wednesday expressed concern over the “merciless” way price fixing “has killed the conscience” of businesses, as well as over fraud and the mismanagement of corporate funds. She said she had difficulty in...
Jul 15, 2009
“I am not happy with the state of competition in South Africa – it is an area to be viewed with considerable concern,” said Competition Tribunal chairperson David Lewis on Wednesday. Addressing delegated gathered at the Neotel and Mail & Guardian business breakfast...
May 20, 2009
May 20, 2009
May 19, 2009
Article contains comments
May 11, 2009
 
 
 
May 06, 2009
Petrochemicals firm Sasol will pay a penalty of R188-million for contravening South Africa’s competition legislation by fixing prices in the fertiliser sector. This fine is the highest settlement reached with the Competition Commission to date, and is based on 6% of...
Feb 05, 2009
South African Competition Tribunal chairperson David Lewis has been appointed interim chair of the International Competition Network (ICN) steering group. Lewis would take on the role until the next ICN yearly conference, to be held in Zurich, Switzerland, in June....
 
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