Wholesale giants accused of price fixing

The Competition Commission gave the four companies a 30 day reprieve to engage with the Authority
The Competition Commission gave the four companies a 30 day reprieve to engage with the Authority

Four wholesale giants appeared before the Competition Commission on Tuesday accused of colluding with their retailer customers to predetermine prices of products sold to end customers.

Documents presented to the Commission show that the Competition Authority (CA) conducted investigations last year on the four wholesalers; Trident Holdings, Metro Sefalana Cash & Carry, Trans Africa and Trade World.

The investigations had been prompted by the outcome of a competitive analysis of the retail and wholesale sector study in 2013, which indicated that the four wholesalers might be engaging in anti-competitive conduct known as resale price maintenance (RPM).

Editor's Comment
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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