ARTICLES RELATING TO PRICE-FIXING

Auto parts makers guilty of price-fixing

2013-09-27 08:31

Nine Japanese firms have agreed to plead guilty and pay almost $745m in fines for their roles in conspiracies to fix prices of auto parts sold to US car makers.

Commission finds cartel in glass sector

2013-04-08 15:03

The Competition Commission has referred its findings of cartel conduct against several glass firms to the Competition Tribunal to impose an administrative fine.

Zuma: State acting on construction fraud

2013-02-15 13:59

The government is cracking down on corrupt activities by construction companies, President Jacob Zuma said in his state of the nation address.

China fines LG, Samsung for price-fixing

2013-01-04 08:23

Chinese regulators have fined LG and Samsung and four Taiwanese companies on charges they fixed prices of flat panel screens sold to Chinese manufacturers.

Building bigwigs in bid-rigging probe

2012-07-06 10:22

If found guilty of collusion and bid-rigging, SA's big five construction companies could be banned for up to 10 years from public sector work, a report says.

Amsa in line for price-fixing fine

2012-04-02 12:29

The Competition Commission says it has recommended that ArcelorMittal SA and Evraz Highveld Steel and Vanadium be penalised for price-fixing.

NPA probes cartel cases

2011-07-03 10:56

The National Prosecuting Authority could pursue criminal cases against firms which confessed to cartel activity to the Competition Commission.

Give us this day

2011-06-02 00:00

It’s easy to not like this company. After the price-fixing scandal on Sasko bread (now being paid off) executives should lower their heads in shame. Very low.

Sasol slapped with another huge fine

2010-12-14 16:46

The Competition Commission says Sasol has agreed to pay a fine for collusive behaviour in its polymers division, but has contested a finding on excessive pricing.

Bread class action dismissed

2010-11-26 10:03

The Cape High court has dismissed an application that sought to clear the way for a consumer class action against a bread price fixing cartel.

 

JPMorgan accused of energy price-fixing

2013-07-30 10:16

The top federal US energy regulator has accused banking giant JP Morgan Chase of manipulating energy prices, according to a document .

Mercedes-Benz UK fined for price-fixing

2013-02-21 13:12

Daimler's Mercedes-Benz and three of its British commercial vehicle dealers have been fined £2.6m by Britain's competition watchdog for price-fixing.

Aveng anticipates price-fixing fine

2013-02-07 09:19

Building group Aveng expects to pay a penalty for anti-competitive behaviour once a probe into fraud in state and other contracts worth R30bn is wrapped up.

Oil giants charged with price-fixing

2012-10-24 14:35

The Competition Commission says it has brought charges of price-fixing against the local units of major oil companies including Chevron, BP and Total.

Oceana fined R35m for price-fixing

2012-05-09 13:21

The Competition Commission has fined the Oceana Group R35.7m, in the latest of a series of price fixing findings, the commission says.

Samsung, LG fined $38.5m for price-fixing

2012-01-12 09:18

South Korea's competition watchdog has fined two top electronics makers a total of $38.5m for fixing prices of their main home appliances.

Bicycle price-fixing case withdrawn

2011-06-13 12:39

A complaint of price-fixing in the bicycle industry has been dropped because of technicalities, says the Competition Commission.

Tribunal confirms Sasol fine

2011-02-28 12:40

The Competition Tribunal has confirmed a settlement reached between the Competition Commission and Sasol Chemical Industries over price-fixing.

Pioneer fine dispute resolved

2010-11-30 16:51

Disagreement between the Treasury and the economic development department over where Pioneer should pay its R500m penalties has been settled.

Watchdog ramps up cartel investigations

2010-10-15 10:55

Of the 13 cases referred to the Competition Tribunal for adjudication during the 2009/10 period, 12 included findings of cartel activity, the Competition Commission says.

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