Business In The News South Africa

Mediclinic blocked from merging with Matlosana in Klerksdorp

JOHANNESBURG, July 6 – The Competition Commission on Thursday recommended to the Competition Tribunal that the proposed large merger whereby private hospital group  Mediclinic Southern Africa intends to acquire Matlosana Medical Health Services in North West be prohibited Matlosana Medical Health Services wholly owns and manages two multi-disciplinary private hospitals in Klerksdorp, the Wilmed Park Private […]

Business In The News South Africa

Competition Commission approves Tharisa Minerals acquisition of MMC Contracts

JOHANNESBURG, July 6 –  Tharisa Minerals announced on Thursday that the Competition Commission had approved its acquisition of MCC Contracts. Last month, Tharisa Minerals entered into a R303.3 million deal to purchase a portion of the mining fleet and transfer employees from its mining contractor in a bid to transition to an owner mining model. MCC Contracts […]

In The News South Africa

Brick manufacturrers charged for cartel conduct

JOHANNESBURG, July 5  – Corobrik, a well-known manufacturer and supplier of bricks, pavers including clay and concrete blocks in South Africa, and five other brick makers, have been charged for price fixing and division of markets, the Competition Commission said on Wednesday. This follows an investigation launched by the Commission in April against Corobrik, Era Bricks, Eston […]

Business Lead South Africa

Six Bloemfontein companies to be prosecuted for price fixing in relation to stationery tender

CAPE TOWN, June 28  – The Competition Commission on Wednesday said it had referred six Bloemfontein-based companies for prosecution for price fixing in relation to a Free State Provincial Treasury stationery tender. “The companies that have been charged are Catha Silkscreen Printers CC (Catha), Molemo Trading CC (Molemo), Lounge 848 CC, Nakanyane Business Solutions CC, […]

In The News South Africa

Saftu condemns ‘extortion and profiteering’ by pharmaceutical monopolies, welcomes probe

JOHANNESBURG, June 17– The South African Federation of Trade Unions (Saftu) has welcomed the Competition Commission’s investigation into price fixing allegations against pharmaceutical companies following concerns raised by Advocates for Breast Cancer, the Cancer Alliance, the Cancer Association of South Africa, and Section27. “The pharmaceutical companies that are currently being investigated include Roche, which supplies […]

Business In The News

Aspen Pharmacare yet to engage Competition Commission over alleged abuse of dominance

JOHANNESBURG, June 14 – Aspen Pharmacare said on Wednesday that it has not had any engagement with the Competition Commission about allegations of abusing its dominance by charging excessive prices in the provision of lifesaving cancer medicine in South Africa. Aspen was named among three pharmaceutical giants, including Roche Holding AG and Pfizer Inc, that […]

Business Lead South Africa

Competition Commission raids meat suppliers for suspected price fixing

JOHANNESBURG, June 14 – The Competition Commission raided 13 premises belonging to seven meat suppliers in three provinces on Wednesday morning as part of an ongoing investigation into the alleged fixing of prices and trading conditions. The Commission said it was conducting simultaneous search and seizure operations probing alleged contraventions of the Competition Act by […]