In The News South Africa

Competition Commission welcomes High Court ruling on margarine manufacturers cartel case

JOHANNESBURG, March 16 (ANA) – The Competition Commission on Thursday welcomed the outcomes of the proceedings in the High Courts in KwaZulu-Natal and Gauteng Divisions which prevented edible cooking oils and baking fats manufacturers accused of cartel conduct from effectively stopping the Commission’s investigation against them. DH Brothers Industries, trading as Willowton Oil and Cake […]

In The News

No other banks have sought a settlement like Citibank, says Competition Commission

PARLIAMENT – No other banks implicated in the currency rigging scandal have yet followed Citibank’s lead and sought a settlement agreement with authorities, the Competition Commission said on Tuesday. Commissioner Tembinkosi Bonakele told MPs: “There are no other settlements and there are no discussions to settle with other banks at this stage.” Bonakele said there […]