The break-up of industry cartels has had a profound impact on individuals and industries – but government needs to look outside the "fiscal space".
Small bread distributors can now launch a class action against bread manufacturing giants for losses related to uncompetitive behaviour.
The framework has been set for the launching of class action lawsuits within the South African legal system after a landmark ruling was handed down.
Four different cartels have had an impact on what the consumer pays for a loaf of bread.
Pioneer has paid its dues and consumers now face the impact of higher input costs, writes <b>Lloyd Gedye</b>.
Judgment has been reserved in an appeal case by organisations against a decision to deny them a class action lawsuit against major bread companies.
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/ 16 November 2010
The bread price-fixing scandal struck a blow to the poorest of South Africans. The <em>M&G</em>’s Lloyd Gedye takes us behind the award-winning story.
Pioneer Foods faces a fine of over a billon rand if it fails to clear its name as an alleged member of the bread cartel, writes Lloyd Gedye.
Pioneer Foods goes before the Competition Tribunal claiming it was not part of a bread cartel.
Tiger has gone to great lengths to claim that its senior executives did not have any knowledge of the collusive behaviour happening under their watch.
If the competition authorities get their way, fines for price colluding could be crippling, writes Lloyd Gedye.