Legal Articles and Guides
Trade unions emerged as the big winners after the Competition Tribunal ruled yesterday that Clover Industries has to reduce the number of jobs it is cutting as part of its restructuring. According to a Business Day report, the tribunal ruled that the number of employees retrenched has to be reduced to a maximum of 277 from the 516 first proposed by Clover.
The Competition Tribunal has approved SAB’s acquisition of the SA rights to Smirnoff’s ready-to-drink brands and Guinness-branded products from Diageo, which owns brands such as Johnnie Walker and Captain Morgan.
The Competition Tribunal has confirmed a settlement agreement between the Law Society of the Northern Provinces and the Competition Commission, in which the law society agrees to rescind some of its professional rules and guidelines that were found to be anti-competitive, says a statement from the society.
The Competition Tribunal has dismissed a complaint referral against asphalt producers Roadspan Surfaces and Much Asphalt, who were accused by the Competition Commission of entering into an agreement to divide markets in contravention of the Competition Act, notes a Moneyweb report.
The Competition Commission has found that long-term exclusive lease agreements by SA's major supermarket chains at shopping centres were preventing new competitors from getting a foothold.
Four companies accused of colluding for a R240m tender from Eskom, are seeking intervention from the Competition Tribunal to dismiss a case against them by the Competition Commission, says a Fin24 report.
Tourism agencies supplying air tickets and accommodation to MPs have been accused of collusion by the Competition Commission in a tender that is worth almost R100m, says a Cape Argus report.
A director of one of the two Robben Island boat operators accused of price-fixing and tender collusion took the stand at the Competition Tribunal and denied all the allegations, says a Cape Argus report.
The Competition Commission says Naspers’s acquisition of local vehicle-purchasing service WeBuyCars should be blocked as it could lead to higher used-car prices.
The Competition Commission’s approval of clothing retailer Edcon’s restructuring has cleared a major hurdle in its R2.7bn refinancing, says a Business Day report. Edcon – which operates the Edgars, Jet and CNA chains – struck a deal with its creditors in March, including its landlords and banks, which resulted in them providing financing and becoming shareholders in the retailer.
Vodacom Group and MTN Group shares fell after one of the competition regulators ruled that SA’s two largest mobile-phone companies overcharge customers for data – particularly those on lower incomes. According to a Fin24 report, the two carriers bill more in their home market than in other countries in which they operate, the Competition Commission said in a provisional report on an inquiry that began in August 2017.
Supermarket group Spar is being investigated by the Competition Commission after banning SA-produced cigarettes, whose manufacturers are alleged to be tax dodgers, from its shops, according to a Business Times report.
The Competition Tribunal has dismissed a collusive tendering case against WBHO Construction. In its 2015 referral to the tribunal, the Competition Commission alleged that WBHO had colluded with Group Five Construction by fixing contractual conditions related to the N17 link road between New Canada and Soccer City, says a Business Day report.
In a judgment that TechCentral says has significant consequences for the telecommunications industry and homeowners, the SCA has overturned a lower court’s judgment, in favour of Telkom, ruling that Vodacom is entitled to access its rival’s ducts.
In what a Business Day report says is a precedent-setting case, the Competition Commission has gone to the Constitutional Court to prevent companies, including Standard Bank, from accessing information gathered on them during investigations.