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The Commission investigated the matter and referred a complaint to the Tribunal alleging that the respondents, while being firms in a horizontal relationship, entered into an agreement or engaged in a concerted practice to fix prices and tender collusively.
2 wrz 2022 · The Competition Act 89 of 1998 (hereinafter referred to as the Act) prohibits price fixing and collusion between competitors. The aforementioned conduct is commonly referred to as ‘anti-competitive conduct or behavior’.
The Competition Act 89 of 1998 (hereinafter referred to as the Act) prohibits price fixing and collusion between competitors. This is commonly referred to as ‘anti-competitive conduct or behaviour’. The Act encompasses certain aspects such as public interest and socio-economic upliftment.
2 wrz 2022 · The Competition Act 89 of 1998 (hereinafter referred to as the Act) prohibits price fixing and collusion between competitors. The aforementioned conduct is commonly referred to as ‘anti-competitive conduct or behavior'.
3 lut 2010 · In South Africa, price fixing agreements and agreements to divide markets between competitors are considered to be the most egregious offences under the Competition Act.
4 lis 2010 · The new section 73A provides that involvement by persons, under certain conditions, in price fixing or cartel- like behaviour constitutes a penalty under the Competition Act and is punishable either by a fine of up to R500 000 or imprisonment of up to 10 years or both.
In February 2005 the Supreme Court of Appeal of South Africa ruled that in deciding whether firms have contravened section 4(1)(b) of the Competition Act 89 of 1998, as amended, by engaging in, for example, ‘per se’ illegal price fixing, the Competition Tribunal must admit evidence relating
