Parmalat founder Calisto Tanzi was jailed on Thursday for market rigging related to the collapse of the dairy empire over seven years ago.
A price-fixing case against Clover, Ladismith Cheese, Nestlé and Parmalat has been withdrawn, the Competition Commission said on Wednesday.
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/ 2 February 2009
The Competition Tribunal will on Wednesday be asked to ratify a consent order in terms of which Lancewood Cheese will pay an administrative penalty of R100 000 for price-fixing. Lancewood Cheese has admitted that it has contravened the Competition Act by engaging in price-fixing. It has agreed to pay the administrative penalty. It has also agreed […]
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/ 16 January 2009
The Competition Commission has negotiated a settlement agreement with Lancewood, one of the companies involved in the milk cartel prosecution.
Lloyd Gedye outlines the Competition Commission’s case against milk processors.
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/ 7 February 2008
The Competition Tribunal on Thursday set down dates for hearings regarding the milk price-fixing issue. The hearings stem from a complaint by a small milk producer alleging anti-competitive behaviour in the milk industry. In February 2005, the Competition Commission began investigating the milk industry.