The recent National Anti-Corruption Summit supported moves to make price-fixing a crime — despite opposition from the Competition Commission.
Tiger Brands is starting a company-wide review to ensure there is no more anti-competitive behaviour after cartels in the healthcare and bread and milling sectors were recently exposed, CEO Peter Matlare said on Friday. ”We are cleaning house. We are going door-to-door and cupboard-to-cupboard,” Matlare told reporters in Johannesburg.
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/ 12 February 2008
The head of Adcock Ingram Critical Care, Tiger Brands’s healthcare division, has been suspended following allegations of collusion by the Competition Commission, the company said on Tuesday. Tiger Brands non-executive chairperson Lex van Vught said the company is ”devastated” by the allegations.