Subscribe to industry newsletters

BizTrends 2017


Download the complete BizTrends 2017 PDFs with over 100 trends contributors across 18 industry sectors.

Download PDF | Order printed book
Bizcommunity has over 400 industry contributors and we always welcome further contributions and contributors.

Oceana must pay R35-million for fixing prices

Business Day says fishing group Oceana must pay R35-million to the Competition Commission in terms of a settlement agreement over price fixing for pelagic fish species including anchovies and pilchards.
The Competition Tribunal found it had colluded with Foodcorp, Premier Fishing SA, Gansbaai Marine, Paternoster Visserye and Saldanha Foods to fix prices and not compete with each other. Business Day reports the collusion was done through meetings and correspondence with other fishing companies.

For more

 
Comment

Related