Wholesale giants accused of price fixing

Friday, August 25, 2017

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).

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Wholesale giants accused of price fixing

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.

The projects magazine in collaboration with Stanbic bank launched the future of mining summit 2024

MISA Botswana celebrates World Press Freedom day

Unlawful wounding turns to murder

Mahalapye suspected copper cable thief nabbed

TAFIC targets top four finish

Selefu

Selefu

Repatriation underway for seven SA Pilgrims

Stakeholders must step up veggie supply