ARTICLES RELATING TO COMPETITION COMMISSION

Competition Tribunal approves 'lifeline' Edgars merger with conditions

2019-05-09 17:30

The Competition Tribunal has approved, with certain conditions, a large merger that will see a new company purchasing the entire issued shares of Edgars.

Vodacom, MTN shares fall after Competition Commission finds data too expensive

2019-04-24 16:13

Vodacom and MTN shares fell after one of the competition regulators ruled that the mobile-phone companies overcharge customers for data – particularly those with lower incomes.

Competition Tribunal approves IDC, Celrose merger with conditions

2019-04-12 18:55

The Competition Tribunal has approved, subject to certain conditions, the state-owned IDC's acquisition of Celrose - of which Edcon is a majority shareholder.

Forex cartel case: Standard Chartered pleads guilty to manipulating rand, other currencies

2019-02-05 17:18

British multinational banking and financial services company, Standard Chartered, has pleaded guilty to manipulating currencies, including the rand, between 2007 and 2013.

Private Healthcare Market Inquiry has cost R196m – Patel

2019-01-02 10:22

The Private Healthcare market inquiry conducted over four years cost R196m, according to Economic Development Minister Ebrahim Patel.

Competition Commission wants Shoprite, Computicket fined over 'anti-competitive conduct'

2018-12-20 16:37

The Competition Commission has referred Computicket and its holding company Shoprite Checkers to the Competition Tribunal on alleged anti-competitive conduct.

Karan Beef claims it never intentionally contravened Competition Act

2018-10-31 20:25

Karan Beef acknowledges that an agreement with I&J contravened the Competition Act, but claims it "never intentionally contravened the law".

National Assembly passes Competition Amendment Bill and this is what it means for your business

2018-10-24 12:14

The National Assembly has passed the Competition Amendment Bill, allowing it to be referred to the National Council of Provinces for concurrence. The bill seeks to close loopholes in the current Competition Act, and define contraventions and uncompetitive conduct by companies more explicitly.

From investment banking to car part sales - an entrepreneur's fight for transformation

2018-10-07 13:37

Businessman Filum Ho didn’t always dream of selling car parts for a living, but the former investment banker’s business is SA’s first black-owned glass and collision parts provider.

Competition amendments close loopholes and support small business - Ebrahim Patel

2018-09-11 21:38

Minister of Economic Development Ebrahim Patel has told Parliament that definitions for various anti-competitive behaviour were replaced with guidelines to close loopholes and allow court discretion in a dispute.

 

Edcon handed a lifeline in bid to save jobs

2019-04-30 17:19

The Competition Commission has recommended to the Competition Tribunal that the proposed acquisition of Edgars by New HoldCo be approved subject to conditions.

Tribunal postpones cartel case as key witness denied access to SA

2019-04-15 21:09

The Competition Tribunal has granted the Competition Commission a postponement in a panel beating cartel case, since a key witness was unable to travel to SA.

13th maize company settles over price fixing

2019-03-13 14:52

The Competition Tribunal has confirmed a settlement agreement between the Competition Commission and Paramount Mills.

Is your school sticking to these 5 uniform guidelines?

2019-01-09 14:56

The Competition Commission has issued a statement reminding schools to remain compliant with the school uniform guidelines to prevent anti-competitive behaviour in the industry.

12 dawn raids cost Competition Commission R57m in payments to service providers

2019-01-01 12:34

Economic Development Minister Ebrahim Patel has said in reply to a Parliamentary question that search and enter raids constitute a 'highly specialised activity' and payments to service providers are essential.

Panel looking into ways to improve effectiveness of competition authorities – Patel

2018-10-31 21:50

Even strong institutions like the Competition Commission face challenges which are being addressed, Economic Development Minister Ebrahim Patel has said.

Commission refers firms to Tribunal for cartel conduct in sale of boerewors, beef patties

2018-10-29 15:00

The Competition Commission found two firms divided up market share in the supply of products including beef burger patties, steak sizzlers, crumbed beef steakletts, viennas and boerewors.

Competition Commission spends R14.9m on VIP security, says Ebrahim Patel

2018-10-08 19:27

Over the past year, the Competition Commission saw a "spate" of unsolved crimes, including executives being robbed at gun point and a security breach at the commission's premises.

AG slams Competition Commission over R128m in irregular expenditure

2018-09-25 21:24

Auditor General Kimi Makwetu has said the commission not only incurred millions in irregular expenditure but also exceeded its approved budget.

BUSA: Yes to Competition Amendment Bill, but keep watchdogs in check

2018-08-30 21:42

BUSA says it welcomes the Competition Amendment Bill, but wants watchdogs' powers to make unilateral findings kept in check.

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