/ 7 August 2000

CONCRETE PROOF OF PPC COLLUSION SOUGHT

SOUTH Africa’s Competition Commission has raided the premises of Pretoria Portland Cement (PPC) and its subsidiary Slagment Ltd as part of an investigation into alleged collusion. The competition watchdog said it had been unable to get information from the parties to facilitate its investigation, and ”as the Commission had reason to believe that key information could be destroyed, a search and seizure operation was initiated.” In terms of the Competition Act, the Commission is authorised to initiate search and seizure operations if there are reasonable grounds to believe that a prohibited practise has taken place or is likely to take place. – Reuters