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South Africa: Supermarket study ends without much concern

By  |  January 27, 2014

South Africa’s Competition Commission announced Friday it has concluded its investigation into the nation’s supermarket industry, confirming it has no plans to refer the matter to the Competition Tribunal for further review.

The Commission launched the probe in 2009 following allegations of anticompetitive agreements made between the nation’s top grocers, Pick n Pay, Shoprite/Checkers, Woolworths and Spar. The probe also include wholesalers Massmart and Metcash, reports say.

After completing the first part of the investigation in 2011, authorities said the exclusive agreements could mean higher prices in certain jurisdictions. But reports say the Commission did not find sufficient evidence to refer the matter to the Tribunal.

Full Content: BDLive

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