‘Collusion widespread in the construction industry’
Collusion is the cultural norm of large businesses operating in the construction industry, the head of the Competition Commission said on Friday.
Collusion is the cultural norm of large businesses operating in the construction industry, the head of the Competition Commission said on Friday.
The Competition Commission has subpoenaed key people at MTN and Vodacom for suspected price-fixing, it was reported on Monday.
The Competition Commission is investigating cases against twelve wire manufacturers and four steel manufacturers for price-fixing.
Collusion appears to be the South African way of doing business. If it’s not bakeries, it’s milk producers.
The Competition Tribunal will hear a price-fixing complaint against Pioneer Foods next week, it said on Thursday.
Construction and engineering group Aveng has been fined R46,3-million — in terms of a consent agreement — for collusion, it was reported on Friday.
SA’s competition authority said it would probe gas and petroleum companies, including Sasol, for their possible role in price-fixing.
Foodcorp said on Tuesday it denied taking part in any market division activity, but accepted the recent bread price-fixing charges.
Foodcorp will pay a R45-million fine to the Competition Commission after a price-fixing admission, the commission said on Monday.
A court rejected an appeal by several dairy groups to have a case of alleged price-fixing against them thrown out, it was reported on Tuesday.
The Competition Appeal Court has rejected a bid by dairy producers Clover and Ladismith Cheese to avoid a price-fixing hearing.
Cosatu says it was shocked to hear about another ”collusion scandal” in the food industry — this time among chicken companies.