Eight insurance firms are being probed over price-fixing allegations. Legally, clients can claim for damages but experts say they should not hold their breath
The companies are BrightRock Life, Discovery, FMI (a division of Bidvest Life) Hollard, Momentum, Old Mutual Insure, Professional Provident Society and Sanlam
Companies must behave like model democratic citizens if they are to earn and retain society’s social licence to operate
The fine is payable over five years, starting from 2017.
Government is allowing the construction firms that colluded on mega-state projects to get off lightly, writes Lloyd Gedye.
Hendrik Pistorius & CO, a company founded by grandfather of convicted paralympian Oscar Pistorius, has been fined for alleged price-fixing since 1995.
Standard Bank, Goldman Sachs, HSBC and BASF Metals are the four companies accused of manipulating the price of platinum.
The Competition Commission is to investigate allegations of price fixing, market division and collusive tendering in the automotive industry.
Apparently, noble construction company bosses were just looking out for us when they fixed prices. Thanks, guys.
Two executives linked to the construction price-fixing scandal remain at their posts. Chantelle Benjamin reports.
Small bread distributors can now launch a class action against bread manufacturing giants for losses related to uncompetitive behaviour.
"All relevant factors" were considered before Noel Doyle’s reappointment, says Tiger Brands.
Fishing group Oceana admitted guilt to the Competition Commission for a long list of price-fixing and agreed to pay a fine of nearly R35-million.
Apple and five publishers have been sued by the United States’s justice department for conspiring to fix the prices of e-books.
Consumers have long suffered because of governments’ inaction over Telkom.
Retailers and consumers are at loggerheads over high local prices and the potential consequences.
Pioneer Foods was told it has to reduce the sale price of bread and flour products as part of a R1,05-billion settlement for price-fixing.
A competition watchdog has proposed fining Sasol 10% of its turnover for charging excessive prices for polypropylene and propylene.
The Competition Commission has reached a settlement agreement with Sasol, finalising the abuse aspect of a fertiliser case.
Pioneer Food Group on Monday posted a drop in first-half headline earnings, which will also lower full-year earnings.
