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.
Recently, Dr Brian Benfield called for the abolition of regulatory price fixing with regard to the distribution of insurance products.
A group of US chicken-industry executives have been indicted on price-fixing charges. Indivuduals from several different companies have been implicated.
One has to question why South African schools still implement uniforms, especially when they’re used to entrench cartels that completely rip off parents.
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.
Citigroup Inc. agreed to pay a penalty of almost R70 million ($5.4 million) to settle a South African antitrust investigation that said the U.S. bank participated in an alleged cartel to manipulate the value of the rand.
The Competition Commission has reasonable grounds to suspect that New Era and Mpact have engaged in collusive practices, the Pretoria-based antitrust regulator said Thursday.
SA’s competition watchdog has recommended Japanese shipping firm Nippon Yusen Kabushiki Kaisha Ltd (NYK) pay a R104 million ($8.5 million) penalty for price-fixing and collusion in the transport of cars.
The Airports Company SA (Acsa) has agreed to pay almost R2 million for fixing the prices of parking bays at OR Tambo International Airport in Johannesburg.