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South Africa: Tribunal now aims to shatter glass cartel

By  |  April 8, 2013

South Africa’s Competition Commission has reportedly referred a case probing several glass companies to the Competition Tribunal. According to reports, the Commission initiated an investigation into an alleged cartel between six of the nation’s major glass companies; the Commission’s findings suggest violations including price-fixing and colluding to exchange market sensitive information including the fixing of trading conditions for certain glass products in various regions of the country. Specifically, the Commission found the collusion to have occurred between 1995 and 2007. The companies make glass products including float glass, which is used in automobile windshields and skylights. The investigation into the companies began in February 2010 after receiving a leniency application from AF-FSL Glass in June of 2009; the company was subsequently granted partial leniency.

 

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