The Competition Tribunal has upheld the price-fixing settlement reached by the Competition Commission, Engen, and Shell. For their roles in fixing the price of bitumen, Engen was fined R28.8m, and Shell South Africa, R26.259m.
Source: iOL
Related content: Crackdown on Cartels Highlights the Need for Competition Law Compliance in South Africa (Heather Irvine, Norton Rose)
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