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Commission welcomes the Tribunal’s confirmation of settlement agreement with the Allens Meshco Group

The Competition Commission (“Commission”) welcomes the Competition Tribunal’s (“Tribunal”) order confirming a settlement agreement concluded between the Commission and the Allens Meshco Group (AMG) in...

by Competition Commission South Africa

Multinational Standard Chartered Bank admits liability to currency manipulation case, agrees to pay R42m fine

The Competition Commission (Commission) has reached a settlement agreement with UK-based multinational bank, Standard Chartered Bank (“SCB”). In terms of the settlement agreement, SCB admits...

by Competition Commission South Africa

Commission initiates investigation against Johnson & Johnson (Pty) Ltd and Janssen Pharmaceutica (Pty) Ltd

In response to media queries, the Competition Commission (Commission) confirms that on 12 September 2023, the Competition Commissioner in terms of section 49B(1) of the...

by Competition Commission South Africa

Commission engages stakeholders on the exchange of competitively sensitive information

The Competition Commission (Commission) hosted a hybrid workshop for trade associations, business stakeholders, and sector regulators in Fourways, Johannesburg to raise awareness of the permissible...

by Competition Commission South Africa

Commission refers SAPS supplier to the Tribunal for excessive pricing of hand sanitisers

On Wednesday, 17 May 2023, the Competition Commission (Commission) referred a third COVID-19 related public procurement case to the Competition Tribunal (“Tribunal”) for prosecution. This...

by Competition Commission South Africa

Draft Public Procurement Bill on track

The Draft Public Procurement Bill is heading for parliament. The finance minister, Enoch Godongwana, revealed this during national treasury’s 2023/24 budget vote speech. The minister highlighted that the proposed legislation aims to ensure that the “procurement…

Provided By Sabinet

Commission recommends conditional approval of Takatso/SAA merger

The Competition Commission (“Commission”) has recommended that the Competition Tribunal (“Tribunal”) approve the proposed merger between Takatso Aviation Proprietary Limited (“Takatso”) and South African Airways...

by Competition Commission South Africa

Final Guidelines on the Exchange of Competitively Sensitive Information has been published

1. The Competition Commission published its final Guidelines on the Exchange of Competitively Sensitive Information (“the Guideline”) in the Government Gazette No. 48104. 2. The Guideline sets out detail around the type of information exchange or sharing of …

Provided By Gildenhuys Malatji Incorporated

by Zelmaine van der Westhuizen

Commission welcomes Tribunal ruling ordering banks to answer the allegations against them in the Forex Cartel case

The Competition Commission (Commission) welcomes the decision of the Competition Tribunal (Tribunal) in which it dismissed applications/objections brought by various local and foreign banks to...

by Competition Commission South Africa

Competition Commission welcomes Tribunal’s decision prohibiting merger between Corruseal and Neopak

The Competition Commission (Commission) welcomes the decision issued by the Competition Tribunal (Tribunal) yesterday, prohibiting the proposed merger between Corruseal Group (Pty) Ltd and Neopak...

by Competition Commission South Africa

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