A PYMNTS Company

South Africa: Total SA denies charges as case referred to Competition Tribunal

 |  October 26, 2012

Total SA has denied allegations that its business practices harmed consumers after the Competition Commission referred a case against the oil company to the Competition Tribunal over price-fixing charges. An official representative for Total SA has expressed assurance the company will demonstrate it “has acted ethically” and kept the best interests of consumers in mind. The case stems from an investigation initiated in 2009 into the practices over half-a-dozen oil giants on the continent.

Full Content: Fin24

Related Content: South Africa: Oil companies’ antitrust violations case referred for adjudication

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.