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

Stranded commuters say Ramaphosa’s rail promises ring hollow

Cape Town’s largest passenger rail line has been closed for months, hitting people’s pockets and adding to road traffic congestion

Focus on FW de Klerk distracted attention from the troubling state of the nation

Some political analysts say President Cyril Ramaphosa is taking too long to mend the country, others says it is the ANC itself that must be fixed

Eastern Cape MEC orders graft investigation after two workers killed at troubled district municipality

The killing of two council workers at the Amathole district municipality appears to be linked to tender fraud and corruption

Press Releases

Response to the report of the independent assessors

VUT welcomes the publishing of the report of the independent assessors to investigate concerns of poor governance, leadership, management, corruption and fraud at the university.

NWU student receives international award

Carol-Mari Schulz received the Bachelor of Health Sciences in Occupational Hygiene Top Achiever Award.

Academic programme resumes at all campuses

Lectures, practicals, seminars and tutorials will all resume today as per specific academic timetables.

Strategic social investments are a catalyst for social progress

Barloworld Mbewu enables beneficiaries to move away from dependence on grant funding

We all have a part to play to make South Africa work

Powering societal progress demands partnerships between all stakeholders

So you want to be a social entrepreneur?

Do the research first; it will save money and time later

Social entrepreneurship means business

Enterprises with a cause at their core might be exactly what our economy desperately needs

Looking inwards

Businesses are finding tangible ways to give back – but only because consumers demand it