Price Fixing

ArcelorMittal SA steels itself for R1.5bn price fixing penalty

The fine is payable over five years, starting from 2017.

Ripping off the state can be big business

Government is allowing the construction firms that colluded on mega-state projects to get off lightly, writes Lloyd Gedye.

Pistorius family company named in price-fixing allegations

Hendrik Pistorius & CO, a company founded by grandfather of convicted paralympian Oscar Pistorius, has been fined for alleged price-fixing since 1995.

Standard Bank cited in price-fix claim

Standard Bank, Goldman Sachs, HSBC and BASF Metals are the four companies accused of manipulating the price of platinum.

Competition Commission moves to investigate car industry

The Competition Commission is to investigate allegations of price fixing, market division and collusive tendering in the automotive industry.

Leave construction bosses alone!!! Sob!

Apparently, noble construction company bosses were just looking out for us when they fixed prices. Thanks, guys.

Construction cartel barons still in the saddle

Two executives linked to the construction price-fixing scandal remain at their posts. Chantelle Benjamin reports.

Bread cartels: ConCourt ruling leaves big brands open to lawsuits

Small bread distributors can now launch a class action against bread manufacturing giants for losses related to uncompetitive behaviour.

Tiger re-employs CFO who quit during price-fixing row

"All relevant factors" were considered before Noel Doyle's reappointment, says Tiger Brands.

Small fry for big fisheries

Fishing group Oceana admitted guilt to the Competition Commission for a long list of price-fixing and agreed to pay a fine of nearly R35-million.

Apple, publishers sued for e-book price fixing

Apple and five publishers have been sued by the United States's justice department for conspiring to fix the prices of e-books.

Unbundling of Telkom is only answer

Consumers have long suffered because of governments' inaction over Telkom.

Latest

R80-million: The cost of evacuating South Africans from Wuhan in China

The government is expected to evacuate citizens from Wuhan, where the coronavirus outbreak originated

Primedia CEO Essack leaves following internal battles

Omar Essack leaves the 702 and 94.7 owners after a protracted standoff with the board

LIVE BLOG: Fin Min Tito Mboweni presents the 2020 budget

The budget is usually scheduled for the second-last Wednesday in February, and the ratings agencies deliver their decisions after assessing the country’s plans for the fiscal year ahead

Press Releases

Tourism can push Africa onto a new path – minister

The continent is fast becoming a dynamic sought-after tourist destination

South Africa’s education system is broken and unequal, and must be fixed without further delay

The Amnesty International report found that the South African government continues to miss its own education upgrading targets

Business travel industry generates billions

Meetings Africa is ready to take advantage of this lucrative opportunity

Conferences connect people to ideas

The World Expo and Meetings Africa are all about stimulating innovation – and income

SAB Zenzele Kabili B-BBEE share scheme

New scheme to be launched following the biggest B-BBEE FMCG payout in South Africa’s history

Digging deep

Automation is unstoppable, but if we're strategic about its implementation, it presents major opportunities

TFSAs are the gymnasts of the retirement savings world

The idea is to get South Africans to save, but it's best to do your research first to find out if a TFSA is really suited to your needs

Achieving the litmus test of social relevance

The HSS Awards honours scholarly works based on their social relevance and contribution to the humanities and social sciences