South Africa: Oil companies’ antitrust violations case referred for adjudication
The Competition Commission has referred a case for adjudication to the Competition Tribunal regarding price fixing and market division among several oil companies, including Chevron, Engen, Shell, Total, Sasol, BP and South African Petroleum Industry Association. The Commission has also asked the Tribunal to levy a fine equal to 10 percent of each company’s revenue in the upcoming financial year. The charges are an extension of an investigation by the Commission extending back to January 2009, but the violations allegedly span back to the 1980s. According to the investigation, companies shared monthly sales volumes to defined customer groups in each magisterial district for various oil product categories.
Featured News
House Votes to Pass CLARITY Act After Drama Threatened to Derail Crypto Market Structure Bill
Jul 17, 2025 by
CPI
Zillow Rejects Compass’s Antitrust Claims Amid Listing Policy Dispute
Jul 17, 2025 by
CPI
DOJ Probes ServiceNow’s $2.85B AI Merger with Moveworks
Jul 17, 2025 by
CPI
Authors Can Sue Anthropic Over Alleged AI Book Piracy, Judge Rules
Jul 17, 2025 by
CPI
Charter, Cox Request FCC Green Light for $34.5B Merger
Jul 17, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Surveillance Pricing
Jul 14, 2025 by
CPI
Should We Fear Personalized Pricing?
Jul 14, 2025 by
John Yun
Data and Price Competition: The Special Role of Information About Rivals’ Prices
Jul 14, 2025 by
Zach Y. Brown & Alexander MacKay
Surveillance Pricing: A Cautionary Summary of Potential Harms and Solutions
Jul 14, 2025 by
Ginger Zhe Jin, Liad Wagman & Mengyi Zhong
The Rise of Surveillance Pricing
Jul 14, 2025 by
Rebecca Kirk Fair, Alvaro Ziadi & Juan Carvajal