10% Turnover Penalty Requested for South Africa Tyre Cartel Participants

7th September 2010 | 0 Comments
 
10% Turnover Penalty Requested for South Africa Tyre Cartel Participants

South Africa’s Competition Commission reports it has referred a complaint of collusive tendering, price fixing, information exchange and market allocation against the South African Tyre Manufacturers Conference (Pty) Ltd (SATMC) and the four tyre manufacturers and suppliers it represents to the Competition Tribunal for adjudication.

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