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Two fire companies admit cartel conduct

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Johannesburg - Two of seven fire companies being prosecuted have admitted to having engaged in cartel conduct, the Competition Commission announced on Monday.

Fireco Gauteng and Afrion Property Services, which specialise in supplying, installing and maintaining fire control and protection systems in South Africa and the rest of Africa, have reached a settlement with the commission.

In their respective settlement agreements, Fireco Gauteng and Afrion have admitted that they engaged in price fixing, market division and collusive tendering in contravention of the Competition Act. Fireco Gauteng has agreed to pay an administrative penalty of R909 000, while Afrion has agreed to pay R327 000.

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