Media firm Corpcom pays R1.3m for price fixing
Johannesburg-based media firm Corpcom has admitted to price fixing and agreed to pay an administrative penalty of R1,389,438.
Johannesburg-based media firm Corpcom has admitted to price fixing and agreed to pay an administrative penalty of R1,389,438.
The Competition Tribunal has found Dis-Chem Pharmacies guilty of charging excessive prices for surgical face masks during the Covid-19 pandemic.
The Tribunal welcomes the appointment of its new chairperson, Mondo Mazwai, who has served as a Tribunal member for over 6 years.
The Competition Tribunal announced a R16 million fine for Uniplate, a company that manufactures and distributes number plate blanks and embossing machines.
South Africa’s Competition Tribunal ordered antitrust investigators to clarify their charges of currency manipulation brought against more than 20 banks.
Effective immediately, the two businesses now merge into a transformed entity renamed Legae Peresec, the largest black-owned, managed and controlled independent financial securities company in South Africa with 51% black ownership, more than 30% being black women.
The Competition Tribunal has prohibited a merger between Mediclinic Southern Africa and Matlosana Medical Health Services in the North West province.
The Competition Commission has referred three recruitment specialists to the Competition Tribunal on charges of price fixing.
The Competition Commission has referred for prosecution to the Competition Tribunal Kawasaki Kisen Kaisha (K-Line), a Japanese company operating in South Africa.
The Competition Commission wants Unilever to pay a fine of 10% of its annual turnover in a cartel case.