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Search Tag: Competition Tribunal
- Another fine for Covid-19 over-pricingTribunal fines SAPS hand sanitiser supplier BlueCollar and its partner R3.5m, tells SAPS it can take further legal action against them. ...moreShoprite bid for Massmart food business goes before Competition Tribunal todayPretoria, Gauteng, SA (04 September 2022) - The Competition Tribunal will today hear submissions relating to the proposed large merger wherein Shoprite Supermarkets (Pty) Ltd intends to acquire the following from Massmart Holdings Limited:* 56 retail supermarket stores and 43 retail liquor stores operated under the brand names Rhino Cash ...moreGauteng PPE supplier, accused of excessive pricing of face masks, agrees to donate essential goods to charity and contribute to Solidarity FundIssued by the Competition Tribunal of South Africa. Pretoria, Gauteng, SA (April 15, 2021) - A Gauteng-based online supplier of personal protective clothing and safety equipment has agreed to donate essential goods to a charity and contribute to the Solidarity Fund, after the Competition Commission accused it of allegedly charging excessive prices for FFP1 and FFP2 face masks in February and March 2020. ...morePPE supplier accused of overcharging donates 49 400 face masksPretoria, Gauteng, SA (March 15, 2021) – A Cape Town medical equipment supplier, accused of charging the Western Cape Department of Health excessive prices for medical examination gloves, has supplied the Department, at no charge, with 49 400 surgical masks to the same value (at cost) as the estimated “excessive profits& ...moreSAPS face mask supplier accused of excessive pricingPretoria, Gauteng, SA (March 08, 2021) – A Covid-19 excessive pricing case, involving the supply of 500 000 surgical face masks to the South African Police Service (SAPS) for its employees, will start in the Tribunal today. Tsutsumani Business Enterprises cc supplies a variety of products, r ...moreTribunal fines fire control companies millions for cartel conductPretoria, Gauteng, SA (January 29, 2021) - The Competition Tribunal has found two fire control firms guilty of fixing prices, dividing markets and tendering collusively in the market for supplying, installing and maintaining fire control and protection systems. Cross Fire Management (Pty) Ltd has been ordered to pay an administrative pena ...moreSupplier accused of charging government excessive prices for tongue depressors during Covid-19 agrees to credit the National Health Laboratory Services for overchargePretoria, Gauteng, SA - Oak Medical and Laboratory Supplies cc, accused of charging government excessive prices for a once-off batch of 200 000 tongue depressors (in the context of Covid-19), has agreed to give the National Health Laboratory Services (NHLS) a credit note to the value of the calculated overcharge. This forms part of the te ...moreTribunal confirms consent agreement between Commission and chemical distributor accused of excessive pricing during Covid-19Pretoria, Gauteng, SA - The Competition Tribunal has confirmed, as an order, a consent agreement concluded between a Gauteng-based chemical distributor and the Competition Commission, in relation to alleged excessive pricing in the context of Covid-19. One of the main ways of combating the spread of the pandemic is through the use of a mi ...morePlush takeover approvedPretoria, Gauteng, SA (May 13, 2020) – The Competition Tribunal has unconditionally approved the merger whereby Adcock Ingram Healthcare (Pty) Ltd (Adcock Ingram) will acquire Plush Professional Leather Care (Pty) Ltd (Plush). Adcock Ingram is a subsidiary of Adcock Ingram Holdings Limited. The acquiring gr ...moreFire protection services companies prosecuted for cartel conductPretoria, Gauteng, SA (September 15, 2019) - The Commission has referred to the Competition Tribunal (Tribunal) for prosecution 18 fire protection companies for collusion. These companies are Automatic Sprinkler Inspection Bureau (Pty) Ltd, Belfa Solutions (Pty) Ltd, Bhubesi Fire Projects (Pty) Ltd, Centa KZN Sprinklers Cc, Na ...moreCompetition Tribunal approves Footgear takeoverPretoria, Gauteng, SA – The Tribunal has approved the merger in terms of which OMPE GP IV (Pty) Ltd (in its capacity as a partner of OMPE Fund) intends to acquire control in Footgear Holdings (Pty) Ltd. OMPE Fund controls MoreCorp which is active in the retail for the provision of golf and ...moreFootgear takeover by equity firm approvedEdcon deal will take it to close to 200 storesCape Town, W Cape, SA – A lot of things have come together for retailer Footgear in the last 2 months. On June 6, Old Mutual Private Equity (OMPE), the direct private equity investing arm of Old Mutual Alternative Investments, announced the acqu ...moreD-Day for ostrich industryPretoria, Gauteng, SA – The Competition Tribunal will hear final arguments today in the application by Mosstrich and Klein Karoo International to merge after the Competition Commission earlier this year rejected their application. In a release last Monday, the tribunal said:Two of the larges ...moreDa Gama Textiles fined R2m for ‘collusive trading’Pretoria (SA) – The Competition Tribunal has fined The Good Hope Textile Corporation (Pty) Ltd, t/a Da Gama Textiles, over R2m for a case involving a State tender dating back to 2013. The case was heard on January 25. In its investigation and findings, the commission wrote: “On 16 September 201 ...more
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