the Regulatory community of South Africa

Winds of blame blow through retail chains

Thu, 02 Jul 2009 11:49:00 +0200

Nearly two years after slapping a record fine of R98m on food group Tiger Brands for being part of a price cartel, the Competition Commission has in its sights supermarket chains whose perceived market dominance is being compared to the wind that you can feel but can't see.
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Rebate system must be exposed - Solidarity

Wed, 01 Jul 2009 11:37:00 +0200

The trade union Solidarity on Tuesday, 30 June 2009, called on the Competition Commission to expose the rebate system between certain suppliers, retailers and wholesalers, the union said.
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Strict laws to control sale of cellular phones, sim cards

Tue, 30 Jun 2009 17:09:00 +0200

Government is to implement strict laws on the sale of cellular phones and sim cards to help curb serious crime in the country.
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SA supermarkets to be investigated

Tue, 30 Jun 2009 08:25:00 +0200

Economists and analysts have welcomed the Competition Commission's decision, announced yesterday, 29 June 2009, to initiate an investigation against SA supermarket chains for possible contraventions of the Competition Act. They say food inflation continues to rise, while interest rates, input costs and commodity prices have dropped.
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Pioneer Foods appears before Competition Tribunal

Fri, 26 Jun 2009 13:50:00 +0200

Pioneer Foods said on Thursday, 25 June 2009, that it had appeared before the Competition Tribunal to defend itself against complaint referrals on allegations of anti-competitive behaviour in the Western Cape, and of participating in a national bread cartel.
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Trade watchdog raids cement producers

Fri, 26 Jun 2009 13:34:00 +0200

The Competition Commission has raided the premises of several leading cement producers in an investigation into “cartel behaviour” in the building materials and construction industries, which has been accused of driving up the cost of the government's infrastructure spending programme.
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Sasko chief lied about price-fixing letter

Thu, 25 Jun 2009 12:54:00 +0200

After having denied any knowledge or participation in the bread price-fixing scandal during the hearing on Monday, Sasko's GM for the baking division, Andries (Charl) Goosen, on Tuesday, 23 June 2009, admitted to lying to the Competition Tribunal regarding the date on which the issue of collusion was brought to his attention.
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Pioneer denies price fixing allegations

Wed, 24 Jun 2009 11:53:00 +0200

The decision to increase Sasko's bread price was based on operational costs and not the result of price fixing by a cartel, the Competition Tribunal heard on Tuesday, 23 June 2009.
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Obama signs historic tobacco law

Tue, 23 Jun 2009 16:57:00 +0200

WASHINGTON: US President Barack Obama on Monday, 22 June 2009, signed a bill into law giving the government historic powers to curb cigarette makers, declaring the move emblematic of the change he is bringing to Washington.
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Sasko boss denies knowing of cartel

Tue, 23 Jun 2009 15:48:00 +0200

Saskos's GM for the baking division, Andries Goosen, on Monday, 22 June 2009, pleaded ignorance to the group's alleged participation in violations of competition law through price-fixing and division of bread markets.
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