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CAPE GATE FINED R40M FOR CARTEL CONDUCT
The Commission welcomes the confirmation by the Tribunal as an order the fine of R40m which emanates from a consent settlement agreement with wire and wire-rod manufacturer, Cape Gate. Cape Gate agreed to the fine for cartel conduct after the company...
read moreTribunal Prosecutions
On 27 February 2018, 28 media companies were referred to the Tribunal for prosecution on charges of price fixing and the fixing of trading conditions in relation to this matter. Background MCC accredited agencies were offered a 16.5% discount for payments...
read moreTRIBUNAL CONFIRMS MEDIA24 CARTEL CONDUCT PENALTY
The Commission welcomes the confirmation as an order the administrative penalty of R13 828 892.26 (thirteen million eight hundred and twenty eight thousand, eight hundred and ninety two rand and twenty six cents) against Media24. This follows Media24’s...
read moreCorporate Leniency Policy
The Corporate Leniency Policy is aimed at eradicating and preventing cartel activity as it harms the economy at large. Cartels are particularly a damaging form of anti-competitive agreement often resulting in price increases that are harmful to consumers...
read morePOULTRY FEEDING EQUIPMENT MAKERS PROSECUTED
The Commission has referred to the Competition Tribunal for prosecution two companies which make and supply flat wire, augers and auger coiling machinery to the global poultry feeding market. Technical Systems (Pty) Ltd (Technical Systems) and CGC...
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