ARTICLES RELATING TO PRICE FIXING

EU raids oil majors over price-fixing

2013-05-14 19:40

European authorities have raided the offices of top oil firms Shell, BP and Statoil as part of an investigation into suspected manipulation of oil prices.

London's gold, silver in price fix probe

2013-03-15 07:57

London's gold and silver markets face the possibility of a probe, putting a century-old practice under the spotlight.

Ailing Telkom faces bigger fine

2012-11-25 22:08

If the appeals court find the Competition Commission was right on price discrimination and excessive pricing, Telkom's fine could balloon to up to R3.5bn.

Wire mesh firms fined for price fixing

2012-05-08 12:40

Two companies who were part of a wire mesh cartel have been ordered by the Competition Tribunal to pay an administrative penalty of R27.2m.

US accuses Apple of e-book price-fixing

2012-04-11 17:03

The US government has filed a lawsuit against Apple and several major publishers for colluding on the prices of e-books.

SAA, Singapore fined for price-fixing

2012-03-26 16:00

SAA and Singapore airlines have both been fined millions for colluding on the price of certain flights, says the Competition Commission.

France fines washing powder firms

2011-12-08 14:14

French competition authorities have penalised Colgate Palmolive, Henkel and Procter & Gamble for fixing prices of washing powder.

Pioneer chair defends executives

2011-02-18 14:27

Pioneer chairperson KK Combi says it would have been catastrophic if executives had been punished more for the price-fixing scandal, writes Marc Hasenfuss.

Supermarkets cleared of price-fixing

2011-01-27 14:26

SA's major supermarkets have not been colluding or abusing their buying power, concludes a Competition Commission probe.

China Airlines to plead guilty

2010-10-06 10:22

Taiwan's China Airlines agreed to plead guilty to participating in an international price-fixing conspiracy, says US authorities.

Sasol faces fine over plastic prices

2010-08-12 14:31

The Competition Commission proposes to fine petrochemicals group Sasol 10% of its turnover for charging excessive prices on polypropylene and propylene.

ArcelorMittal slapped with price fixing fine

2010-06-30 18:28

ArcelorMittal, the world's largest steel producer, is among 17 steel makers fined by the European Commission for fixing prices and sharing out markets for prestressed steel.

JAL, Air New Zealand in price-fixing case

2010-05-17 15:18

Australia has accused Japan Airlines and Air New Zealand of price-fixing on air cargo, bringing to 15 the number of carriers being pursued by the nation's corporate watchdog.

 

Final bid for bread class action suit

2013-05-08 16:09

Bread distributors have launched a final effort to institute a class action case against Pioneer Foods, Tiger Brands and Premier Foods, a report states.

Trident to pay R8.6m for price fixing

2012-12-19 18:55

Trident Steel will pay a penalty representing 2% of its 2007/08 turnover after it contravened the Competition Act with price fixing of steel products.

Tribunal rules on plastic pipes cartel

2012-07-04 17:56

A number of plastic pipe manufacture and supply companies had colluded to fix prices, the Competition Tribunal ruled.

Apple rejects e-book collusion charge

2012-04-13 14:37

Apple says US government charges that it worked with publishers to fix the price of e-books is not true.

Amsa shares knocked by state snub, fine

2012-04-02 17:04

ArcelorMittal SA’s shares fell 5% on news that it would be excluded from the state's infrastructure programme and could face a R3bn price-fixing fine.

Tribunal approves Engen, Shell fines

2012-02-22 13:15

The Competition Tribunal has confirmed the settlement with penalties agreed to by Shell and Engen for their part in fixing the price of bitumen.

AfriSam settles in cartel case

2011-11-01 16:06

Cement firm AfriSam has admitted it was part of a cartel and has paid a fine to the Competition Commission.

Colluding firms urged to come clean

2011-02-01 14:37

The Competition Commission is enticing construction firms with reduced penalties if they fully disclose collusion in contracts worth billions.

'Grocers cleared of price-fixing'

2010-12-31 09:15

Food retailers have been cleared of price collusion by the country's competition watchdog, reports Business Day.

Concrete cartel company to pay hefty fine

2010-08-12 16:09

Cape Concrete has agreed to pay a penalty following the confirmation of a settlement agreement between itself and the Competition Commission.

Tribunal to hear Pioneer case

2009-06-11 10:44

The Competition Tribunal is to hear a price-fixing complaint against Pioneer Foods, after allegations that it was part of a bread cartel involved in price fixing.

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