InfoUpdate
An Information Service supplied by the KwaZulu-Natal Law Society

26 February 2010

This professional service draws attention to current and important items of news
 and members are directed to the hosts' websites

InfoUpdate 5 of 2010
Competition Commission, Tribunal and Appeal Court

Click on the underlined hyperlink where relevant

Competition Commission, Tribunal and Appeal Court - http://www.compcom.co.za/ ; http://www.comptrib.co.za/

Poultry industry under the spotlight - 23 February
The poultry industry is being investigated by the Competition Commission, which is alleging market abuse by the Southern African Poultry Association and various individual producers. "If they find against us they are finding against the global poultry industry, not only against South Africa", Kevin Lovell, chief executive officer of the Southern African Poultry Association, said in an interview yesterday. - Daily News website

Commission appeals bread cartel penalty - 25 February
The Competition Commission says it's lodged an appeal with the Competition Appeal Court against what it perceives to be a lenient fine imposed on Pioneer foods for price fixing. The Commission has asked the appeal court to reverse the Tribunal's finding on the penalty and impose a penalty of 10% of Pioneer's group turnover, which would amount to approximately R1,5bn. The penalty as it stands is R195 million. - Business Day website

InfoUpdate : an Information Service supplied by the KwaZulu-Natal Law Society