Lelethu Mquqo
15 December 2010
The Competition Commission has given Sasol a R111 million- fine for anticompetitive behaviour in its polymers unit.
The company admitted that a supply agreement with Safripol had resulted in indirect price fixing.
Sasol will pay more than a quarter of a billion Rands in fines after the Competition Tribunal formerly confirmed a settlement order in which it admitted to cartel conduct in the fertiliser industry.
It was also fined three-point-seven-billion-Rands by the European Commission for participating in a paraffin wax cartel in 2008.
Subscribe to:
Post Comments (Atom)
Another two-month extension for SASSA card migration
Postbank has announced a two-month extension for beneficiaries using the South African Social Security Agency (SASSA) gold card to switch t...
.png)
-
A man suspected of killing and raping a number of members of the farm worker community in Philippi on the Cape Flats appears in a Cape Town ...
-
''Human behaviour is the main cause of wildfires.'' These remarks were made by the Western Cape’s Local Government, Environm...
No comments:
Post a Comment