Legal Articles and Guides
Sasol interdicted from increasing gas prices
The Competition Tribunal has interdicted Sasol from increasing its gas prices for the next six months, unless it gets a nod from the energy regulator, pending the conclusion of a probe into excessive pricing, reports Fin24.
Commission approves Clicks and Sorbet deal
The Competition Commission of SA (CCSA) has recommended the Competition Tribunal to approve Clicks Investments’ acquisition of Sorbet Holdings from Old Mutual Private Equity.
Meta's lawyers challenge GovChat application
Lawyers for social media giant Meta Platforms Inc, formerly Facebook Inc, have challenged an application before the Competition Tribunal in which civic engagement platform GovChat wants to intervene in an abuse of dominance case brought by the Competition Commission.
Tribunal to hear banks forex manipulation case
The Competition Tribunal has ruled that it has the jurisdiction to hear the long-standing case against foreign and local banks that allegedly colluded to manipulate the rand-dollar exchange rate, reports Fin24.
Chinese retail giant probed over tax violations concern
Government is investigating Chinese fast-fashion retailer Shein over concerns that it may be exploiting tax loopholes to undercut local retailers and manufacturers.
Tyre manufacturers apply for protection against dumping
Anti-dumping duties against Chinese exporters of car, bus and lorry tyres to SA have expired, leaving local producers potentially exposed to far cheaper products that can be dumped on the market, reports Moneyweb.
Takealot sellers 'fixed prices'
The Competition Commission is accusing two companies selling PPE of colluding during the height of the Covid-19 pandemic, reports Fin24.
Heineken, SAB experts dispute Distell takeover
Heineken and Anheuser-Busch InBev squared off again at a Competition Tribunal hearing yesterday into the Dutch group's proposed R40bn merger with Distell as competition economists argued for and against the sale of the Strongbow brand as a condition of the deal.
AB InBev intervenes in Distell-Heineken deal
AB InBev has intervened in the Competition Tribunal’s regulatory scrutiny of the R40bn Distell-Heineken tie-up, calling for SA’s largest alcohol producer to sell its Hunters cider brand if it wants the deal to get the go-ahead.
Corpcom fined R1.38m for price fixing
Corpcom has admitted to price fixing and has agreed to pay an administrative penalty of R1 389 438 and contribute R500 198 to the Economic Development Fund.
Spar accused of defying commission
Specialist retailer OBC Better Butchery is hauling Spar to the Competition Commission for contravening a 2019 ruling by enforcing exclusivity clauses in certain shopping malls, effectively shutting out competition.
Imported tyre prices to hike up to 38%
Consumers have been warned that some unscrupulous tyre dealers have increased the price of all tyres by almost 40% – and not just tyres imported from China in line with the 38.33% provisional anti-dumping duty imposed on the latter by the International Trade Administration Commission (Itac), reports Moneyweb.
Rain still discussing Telkom merger bid
According to a major shareholder in Rain, African Rainbow Capital (ARC), the company is still debating the Telkom bid that it was forced to retract in August but will have something to present before the end of this month.
Nedbank fined R2m for unapproved merger
Nedbank has been ordered to cough up a R2m penalty for implementing a transaction before competition authorities approved the deal, the Competition Tribunal said yesterday.
Concerns over anti-dumping tyre duties
Tyre importers and transport industry players want the government to slam the brakes on what they term a bizarre application by local manufacturers for anti-dumping duties on various categories of Chinese tyres, saying the tariffs could drive up the cost of tyres by as much as 41%.
