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Competition Policy

Commission refers Takata to tribunal for alleged price fixing, collusive tendering
14th March 2018 By: Creamer Media Reporter

The Competition Commission has asked the Competition Tribunal to prosecute global airbag and seatbelt manufacturer Takata Corporation and its South African subsidiary Takata South Africa (SA) for... 


Tribunal approves Sinopec’s $900m acquisition of Chevron SA with conditions
9th March 2018 By: Nadine James

The Competition Tribunal has approved Hong Kong-based Sinopec’s proposed $900-million acquisition of a 75% interest in Chevron South Africa (CSA), subject to a range of employment, investment and... 


Commission approves Thebe Renewable Energy’s acquisition of four energy firms
7th March 2018 By: Marleny Arnoldi

The Competition Commission has recommended to the Competition Tribunal that Thebe Renewable Energy Holdings’s proposed acquisition of Phembani Solar Energy, Phembani Renewables, Shanduka Black... 


Competition Commission prohibits Airlink-Safair merger, companies to challenge ruling
23rd February 2018 By: African News Agency

The Competition Commission on Friday said that it prohibited the proposed merger between SA Airlink and Safair Operations because the transaction was likely to result in a substantial prevention of... 


Tribunal confirms Plasser’s R8.43m settlement with Competition Commission
22nd February 2018 By: Anine Kilian

The Competition Tribunal has confirmed an R8.43-million settlement agreement between railway construction and maintenance company Plasser South Africa and the Competition Commission.    On February... 


Tribunal approves sale of Genrec to Southern Palace
22nd February 2018 By: Anine Kilian

The Competition Tribunal has unconditionally approved Southern Palace Group’s (SPG’s) acquisition of Genrec from Murray & Roberts (M&R). M&R in October last year agreed to sell Genrec to SPG for... 


Tribunal conditionally approves Timrite’s acquisition of mining support bag manufacturer
21st February 2018

The Competition Tribunal has approved, with conditions, mining support product supplier Timrite’s acquisition of Tufbag’s Mining Bag division. Tufbag’s Mining Bag division and Timrite design and... 


Tribunal approves Barnes Southern Palace's acquisition of Scaw
19th February 2018 By: Simone Liedtke

The Competition Tribunal has conditionally approved the transaction, in terms of which holding company Barnes Southern Palace plans to acquire Scaw South Africa from the Industrial Development... 


Commission recommends tribunal approve Southern Palace Group's Genrec buy
19th February 2018 By: Simone Liedtke

The Competition Commission has recommended to the Competition Tribunal that Southern Palace Group's (SPG's) proposed acquisition of steel fabrication and manufacturing business Genrec Engineering,... 


Cryptocurrencies speculative, but blockchain can bring positive disruption – S&P’s
19th February 2018 By: Schalk Burger

Global ratings agency Standard and Poor’s (S&P’s) currently views cryptocurrencies as speculative instruments that will have an “insignificant effect on global financial stability if its value were... 


Media companies fined for price-fixing
16th February 2018 By: Simone Liedtke

Two print media companies have concluded consent agreements with the Competition Commission and agreed to pay fines amounting to millions of rands after admitting to participating in price fixing... 


Tribunal approves amendment to payment terms of AMSA’s R1.5bn settlement agreement
15th February 2018 By: Creamer Media Reporter

The Competition Tribunal has approved a variation agreement allowing ArcelorMittal South Africa (AMSA) to pay the first R300-million instalment of its R1.5-billion fine in three tranches.   In late... 


Commission seeks penalty against SA Airlink for alleged predatory pricing
14th February 2018 By: Creamer Media Reporter

The Competition Commission has referred regional feeder airline SA Airlink to the Competition Tribunal for prosecution on charges of alleged excessive and predatory pricing. The commission... 


Competition Tribunal dismisses Massmart complaint
13th February 2018 By: Anine Kilian

The Competition Tribunal has dismissed a complaint by Walmart-owned Massmart that exclusivity agreements between other retailers and landlords are excluding its Game stores from selling fresh... 


AfriBusiness believes new competition legislation will harm large businesses
9th February 2018 By: Megan van Wyngaardt

The proposed Competition Amendment Bill will transform South Africa's competition authorities into instruments for black economic empowerment (BEE), argues business lobby AfriBusiness. CEO Piet le... 


Tribunal to consider Sinopec's $900m deal to acquire 75% of Chevron South Africa
7th February 2018 By: Simone Liedtke

The Competition Tribunal will, on Thursday, consider the proposed $900-million buyout by China Petroleum and Chemical Corporation (Sinopec) subsidiary SOIHL HK of a 75% interest in Chevron South... 


Competition Commission exposes alleged collusion in R4.5bn Eskom tender
6th February 2018 By: Megan van Wyngaardt

A Competition Commission investigation has found evidence of alleged price fixing and collusive tendering, involving an Eskom tender worth R4.5-billion, on the part of Waco Africa, acting through... 


Plasser agrees to pay R8.4m penalty for collusion
6th February 2018 By: Megan van Wyngaardt

Railway construction and maintenance company Plasser South Africa has agreed to pay R8.4-million in a settlement penalty after admitting to partaking in collusion. The Competition Commission on... 


Commission recommends conditional Barnes Southern Palace, Scaw merger approval
29th January 2018 By: Megan van Wyngaardt

The Competition Commission has recommended that the Competition Tribunal approve the proposed transaction, with conditions, whereby Barnes Southern Palace intends to acquire steel maker Scaw from... 


Unitrans, Action Ford deal gets competition authority thumbs up
29th January 2018 By: Megan van Wyngaardt

The Competition Tribunal has conditionally approved a merger whereby Unitrans Automotive, wholly-owned by Steinhoff International Holdings, acquires Action Ford's vehicle dealership business. The... 


Tribunal refuses to confirm consent agreement between commission, ammonia producers
29th January 2018 By: Anine Kilian

The Competition Tribunal has refused to confirm a consent agreement entered into between the Competition Commission and AECI, Foskor, Omnia Fertilizers and Sasol South Africa, on the basis of... 


Woodlands Dairy, Fairfield Dairy merger conditionally approved
26th January 2018 By: Anine Kilian

The Competition Tribunal has conditionally approved a merger between Gutsche Family Investments, which controls Woodlands Dairy, and Fairfield Dairy. The companies manufacture and supply butter,... 


DTI denies ‘rivalry’ with EDD over amendments to Competition Act
DTI denies ‘rivalry’ with EDD over amendments to Competition Act
25th January 2018 By: Terence Creamer

The Department of Trade and Industry (DTI) has denied reports of rivalry with the Economic Development Department over proposed amendments to the Competition Act, which its claims to support. In a... 


CompCom suspends advisory opinion services pending outcome of court case
23rd January 2018 By: Megan van Wyngaardt

The Competition Commission has suspended its advisory opinion services pending the finalisation of the case against Hosken Consolidated Investments (HCI). This follows a Competition Appeal Court... 


Garth Strachan speaks while Imraan Valodia looks on at a CCRED panel discussion on competition legislation
Concerns raised over lack of policy framework for competition law changes
19th January 2018 By: Terence Creamer

Concern has been expressed about the absence of a comprehensive competition policy framework to help guide proposed amendments to competition legislation and facilitate greater alignment with other... 


Tribunal approves JV between three international shipping companies
17th January 2018 By: Anine Kilian

The Competition Tribunal has approved, with conditions, the intermediate merger whereby Nippon Yusen Kabushiki Kaisha (NYK), Mitsui OSK Lines (MOL) and Kawasaki Kisen Kaisha (KL) intend to merge... 


Construction industry making progress with deals to transform the sector
Construction industry making progress with deals to transform the sector
8th January 2018 By: Megan van Wyngaardt

In a move that will see local construction companies further honour their agreements with government to ensure  inclusivity for black contractors in the South African construction sector, the... 


ArcelorMittal, Competition Commission reach payment agreement
18th December 2017 By: Megan van Wyngaardt

Local steel manufacturer ArcelorMittal South Africa (AMSA) has reached an agreement with the Competition Commission to divide its 2017 payment into three separate tranches of R100-million each. In... 


Tribunal approves mergers involving seed, wheat milling companies
4th December 2017 By: Anine Kilian

The Competition Tribunal has approved the acquisition of seed and wheat milling companies Progress Milling and Noordfed by holding company K2014202010, a joint venture between Louis Dreyfus Company... 


Economic Development Minister Ebrahim Patel
Competition Amendment Bill moves to give teeth to market inquiry instrument
1st December 2017 By: Terence Creamer

Economic Development Minister Ebrahim Patel released the Competition Amendment Bill for public comment on Friday, indicating that he expects the proposed legislation to be placed before lawmakers... 


SOCIOECONOMIC BENEFITS
Authorities would do well to accelerate the pace of affordable housing delivery, such as Reconstruction and Development Programme housing
SA lacking global competitiveness
17th November 2017 By: Marleny Arnoldi

Local legislation, including stringent policy frameworks, continues to prove cumbersome for the South African construction sector, particularly owing to the necessity to conduct socioeconomic- and... 


Competition Appeal Court Judge President Dennis Davis
Upcoming competition law amendments to focus on economic concentration
9th November 2017 By: Terence Creamer

The chairperson of the Ministerial advisory panel set up to propose ways of strengthening the Competition Act to deal with “persistently high levels of economic concentration” in the South African... 


Tribunal confirms R4.35m settlement with Godrich Flour Mills
31st October 2017 By: Anine Kilian

The Competition Tribunal has confirmed a settlement agreement with Godrich Flour Mills for price fixing in the market for milled white maize products. Godrich has agreed to pay R4.35-million for... 


Sub-Saharan Africa sets another record for number of business reforms
Sub-Saharan Africa sets another record for number of business reforms
31st October 2017 By: Natasha Odendaal

Sub-Saharan African countries have set a new record, for the second consecutive year, for the number of business reforms undertaken during 2016/17, a new World Bank report shows. The ‘Doing... 


MANAGING MATTERS
Sasol reviews and monitors material matters through stakeholder inclusiveness always keeping a sustainability context in mind
Sasol mitigates material matters issues in 2017
27th October 2017

To mitigate material matters that could substantially affect its ability to create value in the short, medium or long term, as a result of not being able to execute its strategy and the impact... 


Fresh produce market agents, association referred to Competition Tribunal for prosecution
11th October 2017 By: Schalk Burger

Fourteen fresh produce market agents and association, the Institute for Market Agents of South Africa, have been referred to the Competition Tribunal for prosecution in relation to charges of... 


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