Fabric manufacturer pays R6m penalty for colluding in tender for government uniforms 

SATopShops A case of collusion against Berg River Textile  and Eye Way in the business of supplying fabric used by the Department of Correctional Services, SA Air Force and Military Health Services to manufacture uniforms could land black economic empowerment (BEE) fronters  in the firing line of the Competition Commission. The Commission has imposed a penalty of … Read moreFabric manufacturer pays R6m penalty for colluding in tender for government uniforms 

Competition Tribunal approves acquisition of SoftBev by BevCo

PBM The Competition Tribunal has given unconditional approval for a merger in terms of which SoftBev will be 100% acquired by The Beverage Company through its subsidiary, Little Green Beverages, from JSE-listed Bowler Metcalf and other shareholders. Little Green Beverages is involved in producing, packaging and distributing branded and private label non-alcoholic beverages (NABs) in … Read moreCompetition Tribunal approves acquisition of SoftBev by BevCo

Competition Law: A restraint of trade agreement that became a case of collusion

PBM RTS Industries, a company that makes and supply flat wire, augers and auger coiling machinery to the global poultry feeding market, has come full circle in its interaction with South Africa’s competition laws. Its now opted to cooperate with the Competition Commission’s prosecution in a story that starts with a restraint of trade battle between … Read moreCompetition Law: A restraint of trade agreement that became a case of collusion

‘Colluders in Robben Island Museum ferry case should face criminal charges’

PBM The group of vessel owners who have been charged of collusion in the business of ferrying passengers between the Robben Island Museum and the V&A Waterfront in Cape Town and show no remorse nor shame must be considered for criminal prosecution. This is the view of Competition Commissioner, Tembinkosi Bonakele. He issued the view … Read more‘Colluders in Robben Island Museum ferry case should face criminal charges’

Unilever SA seeks to sell the spread business facing cartel investigation

PBM Unilever South Africa seeks to sell its spreads business, Silver 2017, to Robertsons and has been given a conditional approval by the Competition Commission. The spreads business being sold is subject to a pending cartel investigation by the Competition Commission and Unilever has not escaped liability should the business incur a penalty in the investigation. … Read moreUnilever SA seeks to sell the spread business facing cartel investigation

Competition Tribunal finalises cases: Caxton/Ramsay Media, VKB Flour Mills etc

PBM The Competition Tribunal has processed and finalised a number of cases in its files including amendment of the Caxton/Media Credit Co-Ordinators settlement to include Ramsay Media, approval of the merger of Philafrica Foods and savoury snack manufacturers Zutco and Pakworks and the VKB Agri Processors/VKB Flour Mills. Savoury snack manufacturer merger with Philafrica Foods … Read moreCompetition Tribunal finalises cases: Caxton/Ramsay Media, VKB Flour Mills etc

Competition Tribunal confirms Cape Gates R40 million settlement in collusion case

PBM The 10 years old collusion case against Cape Gate, a company that supplies lightly galvanised wire, nails, wire and other various wire products, has been settled after the Competition Tribunal confirmed a R40m settlement. A statement released by the Tribinal noted that the the company has admitted to price fixing, dividing markets and collusive tendering … Read moreCompetition Tribunal confirms Cape Gates R40 million settlement in collusion case

Competition Commission update: Key decisions on mergers and acquisitions

By: PBM The latest Competition Commission updates of key decisions on mergers and acquisitions includes approvals of transactions that involve the Hudaco/Boltworld merger, Sea Harvest Group/Viking Fishing Holdings, Robertsons Holdings/Silver, Cell C/Glocell. And there is an intriguing list of complaints which the commission dismissed as not fitting to be treated as contravention of the Competition … Read moreCompetition Commission update: Key decisions on mergers and acquisitions

A pact that fixed power cable prices crumbles: Association admits guilt

PBM The cartel that has been fixing selling prices of electric power cables in South Africa has in effect crumbled after its core organisation admitted guilt and its admission was confirmed by the Competition Tribunal. The Competition Commission which is prosecuting the case announced the confirmation of an agreement with the Association of Electric Cable Manufacturers South … Read moreA pact that fixed power cable prices crumbles: Association admits guilt

South Africa’s Competition Tribunal approves Bayer/Monsanto merger with conditions

Ujuh Reporter The proposed merger between global crops and food production concerns with significant GM elements, Bayer Aktiengesellschaft and Monsanto Company, has been approved in South Africa by the Competition Tribunal with conditions. The conditions require the merged entity to divest and sell the entire global Liberty Link trait technology and the associated Liberty branded agro-chemicals … Read moreSouth Africa’s Competition Tribunal approves Bayer/Monsanto merger with conditions