Advertisement

CA loses P114m bid-rigging case again

The Competition Authority (CA) has lost with costs a Court of Appeal case in which two food-supplying companies were accused of colluding to fix prices in a multi-million-pula tender for the supply of sugar beans to schools across the country.

The companies, Creative Business Solutions, trading as Bread & Butter Foods and Rabbit Group, were said to have colluded to divide tenders worth a combined P114 million amongst themselves.

The companies were also accused of having conspired to fix prices, in contravention of section 25(b) and (c) of the Competition Act. The Authority had acted on a tip-off from an informer alleging that the companies, in response to the tenders, had colluded in terms of pricing. The tender was for the supply of 7,530 metric tonnes of sugar beans to the Ministry of Local Government.

Advertisement
Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

Have a Story? Send Us a tip
arrow up